Americas > Compliance Markets & Taxes > Nova Scotia proposes ditching cap-and-trade in favour of output-based system

Nova Scotia proposes ditching cap-and-trade in favour of output-based system

Published 17:29 on September 5, 2022 / Last updated at 17:29 on September 5, 2022 / / Americas (Compliance Markets & Taxes, US & Canada)

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The Nova Scotia government on Friday submitted an output-based pricing system (OBPS) as its proposal to meet Canadian Prime Minster Justin Trudeauā€™s ā€˜backstopā€™ CO2 pricing requirement, which if accepted would mark an end to the Maritime provinceā€™s carbon market.
The Nova Scotia government on Friday submitted an output-based pricing system (OBPS) as its proposal to meet Canadian Prime Minster Justin Trudeauā€™s ā€˜backstopā€™ CO2 pricing requirement, which if accepted would mark an end to the Maritime provinceā€™s carbon market.


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