Canada considers launching cap-and-trade system for oil and gas sector 

Published 20:03 on July 18, 2022  /  Last updated at 20:03 on July 18, 2022  /  Americas, Canada, Carbon Taxes, International, Nature-based, Voluntary Market  /  No Comments

The Canadian federal government proposed to either introduce a carbon trading programme or modify its existing 'backstop’ CO2 pricing system on Monday as it plans a declining emissions cap for the oil and gas sector. 

The Canadian federal government proposed to either introduce a carbon trading programme or modify its existing ‘backstop’ CO2 pricing system on Monday as it plans a declining emissions cap for the oil and gas sector. 

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