Americas > Canada moves to annually tighten OBPS benchmarks, installs escalated CO2 price trajectory

Canada moves to annually tighten OBPS benchmarks, installs escalated CO2 price trajectory

Published 23:45 on October 28, 2022  /  Last updated at 23:45 on October 28, 2022  / Matthew Lithgow /  Americas, Canada, Carbon Taxes

The Canadian environment ministry put forth plans to annually increase the stringency of industrial facilities’ performance standards under the ‘backstop’ output-based pricing system (OBPS) this week, and also updated the programme’s excess emissions charge schedule in line with the post-2022 carbon pricing benchmark.
The Canadian environment ministry put forth plans to annually increase the stringency of industrial facilities’ performance standards under the ‘backstop’ output-based pricing system (OBPS) this week, and also updated the programme’s excess emissions charge schedule in line with the post-2022 carbon pricing benchmark.


A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, login here.