UPDATE – Ontario government passes amended cap-and-trade cancellation bill, widening allowance compensation

Published 19:06 on October 31, 2018  /  Last updated at 22:14 on March 18, 2019  /  Americas, Canada, Carbon Taxes, US  /  No Comments

Ontario’s legislature passed an amended bill Wednesday to officially scrap the province's now-cancelled ETS, potentially allowing more entities to receive permit compensation than the government’s former proposal.

*Updates with information about the bill’s new allowance compensation framework* 

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