ANALYSIS: Canada’s new carbon offset system has a demand problem

Published 22:34 on July 5, 2022  /  Last updated at 22:34 on July 5, 2022  / /  Americas, Canada, Carbon Taxes, International, Voluntary

The newly finalised Canadian federal offset system needs to look beyond the shrinking coverage of the ‘backstop’ output-based pricing system (OBPS) to solve its weak demand problem, according to market stakeholders.
The newly finalised Canadian federal offset system needs to look beyond the shrinking coverage of the ‘backstop’ output-based pricing system (OBPS) to solve its weak demand problem, according to market stakeholders.


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