Ontario approved to implement large emitter programme in 2022

Published 23:24 on March 29, 2021  /  Last updated at 23:24 on March 29, 2021  /  Americas, Canada  /  No Comments

The Canadian environment ministry announced on Monday it will stand down the federal ‘backstop’ output-based pricing system (OBPS) in Ontario in favour of a provincially-run scheme from next year, leaving industrial emitters in the country’s most populous jurisdiction to face their third CO2 pricing system in six years.

The Canadian environment ministry announced on Monday it will stand down the federal ‘backstop’ output-based pricing system (OBPS) in Ontario in favour of a provincially-run scheme from next year, leaving industrial emitters in the country’s most populous jurisdiction to face their third CO2 pricing system in six years.

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