ANALYSIS: Canadian large emitters unlikely to use Alberta offsets for 2019 OBPS compliance

Published 23:14 on August 31, 2020  /  Last updated at 23:25 on September 1, 2020  /  Americas, Canada, Carbon Taxes, US  /  No Comments

Companies may not utilise Alberta offsets for 2019 obligations under Ottawa’s ‘backstop’ output-based pricing regulation (OBPS) because of a lack of available credits, quick turnaround to surrender units ahead of the inaugural compliance deadline, and differing CO2 pricing levels, traders and analysts said.

Companies may not utilise Alberta offsets for 2019 obligations under Ottawa’s ‘backstop’ output-based pricing regulation (OBPS) because of a lack of available credits, quick turnaround to surrender units ahead of the inaugural compliance deadline, and differing CO2 pricing levels, traders and analysts said.

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