Canada rebuffs Koch in cap-and-trade legal dispute

Published 07:13 on August 5, 2022  /  Last updated at 07:24 on August 5, 2022  /  Americas, Canada, Carbon Taxes, US  /  No Comments

The Canadian federal government has argued the carbon allowances Koch Industries purchased in the shuttered Ontario cap-and-trade system aren't protected investments under the North American Free Trade Agreement (NAFTA), legal documents released Tuesday revealed, marking the latest development in a years long dispute.

The Canadian federal government has argued the carbon allowances Koch Industries purchased in the shuttered Ontario cap-and-trade system aren’t protected investments under the North American Free Trade Agreement (NAFTA), legal documents released Tuesday revealed, marking the latest development in a years long dispute.

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