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, Canada, Carbon Taxes  /  No Comments

The Nova Scotia government on Friday submitted an output-based pricing system (OBPS) as its proposal to meet Canadian Prime Minster Justin Trudeau’s ‘backstop’ CO2 pricing requirement, which if accepted would mark an end to the Maritime province’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 Trudeau’s ‘backstop’ CO2 pricing requirement, which if accepted would mark an end to the Maritime province’s carbon market.

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