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  / Matthew Lithgow /  Americas, Canada, Carbon Taxes, US

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.


A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, login here.