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