Ontario carbon market seen more oversupplied than expected in 2017

Published 23:27 on September 6, 2017  /  Last updated at 23:28 on September 6, 2017  /  Americas, Canada, US  /  No Comments

Ontario’s carbon market will be more oversupplied than expected in its first year due to mild weather and lower natural gas demand and industrial production, according to analysts, though the scheme’s first compliance period is seen being shorter than previously thought.

Ontario’s carbon market will be more oversupplied than expected in its first year due to mild weather and lower natural gas demand and industrial production, according to analysts, though the scheme’s first compliance period is seen being shorter than previously thought.

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