Canada accepts weaker Ontario and New Brunswick large emitter programmes to replace federal OBPS

Published 17:42 on September 21, 2020 / Last updated at 23:26 on September 21, 2020 / / Americas (Compliance Markets & Taxes, US & Canada)

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The Canadian government approved Ontario and New Brunswick’s output-based pricing systems (OBPS) under the federal carbon pricing framework on Monday, despite Ottawa’s own admission that both programmes in the conservative-led jurisdictions will achieve fewer GHG reductions than the national ‘backstop’ mechanism.
The Canadian government approved Ontario and New Brunswick’s output-based pricing systems (OBPS) under the federal carbon pricing framework on Monday, despite Ottawa’s own admission that both programmes in the conservative-led jurisdictions will achieve fewer GHG reductions than the national ‘backstop’ mechanism.


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