Canada sheds more light on new CO2 pricing benchmark, begins CBAM consultation

Published 22:48 on August 5, 2021  /  Last updated at 22:48 on August 5, 2021  /  Americas, Canada, Carbon Taxes, CBAM, International, US  /  No Comments

The Canadian government on Thursday provided additional details on its post-2022 benchmark for the federal ‘backstop’ carbon pricing regime, including guidance on setting allowance budgets for cap-and-trade systems, as it also launched the first phase of its carbon border adjustment mechanism (CBAM) consultation.

The Canadian government on Thursday provided additional details on its post-2022 benchmark for the federal ‘backstop’ carbon pricing regime, including guidance on setting allowance budgets for cap-and-trade systems, as it also launched the first phase of its carbon border adjustment mechanism (CBAM) consultation.

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