Canadian Conservative climate plan to eliminate CO2 tax, may count exports for Paris target

Published 01:15 on June 20, 2019  /  Last updated at 13:33 on July 9, 2019  /  Americas, Canada, Carbon Taxes, International, New Market Mechanisms  /  No Comments

Poll-leading Canadian Conservative Party leader Andrew Scheer said Wednesday that he would eliminate the ruling Liberals’ ‘backstop’ carbon tax and alter its output-based pricing system (OBPS) if elected as prime minister this fall, while potentially exploring the use of low-carbon exports to claim emission reductions towards the country’s Paris Agreement GHG target.

*Corrects to indicate that Conservative plan would eliminate the national Clean Fuel Standard*

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