Nova Scotia earmarks more free allowances to utility, alters auction purchase limits to address compliance shortfall

Published 18:42 on March 17, 2023  /  Last updated at 22:45 on March 17, 2023  / Matthew Lithgow /  Americas, Canada

The Nova Scotia government has approved several changes to its outgoing cap-and-trade programme to provide emitters with compliance pathways, including giving millions of free permits to the Canadian province’s utility and letting entities purchase more allowances than usual, according to a government order seen by Carbon Pulse.
The Nova Scotia government has approved several changes to its outgoing cap-and-trade programme to provide emitters with compliance pathways, including giving millions of free permits to the Canadian province’s utility and letting entities purchase more allowances than usual, according to a government order seen by Carbon Pulse.


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