Americas > Nova Scotia June cap-and-trade auction settles at floor with major utility absent

Nova Scotia June cap-and-trade auction settles at floor with major utility absent

Published 22:41 on June 14, 2023  /  Last updated at 22:41 on June 14, 2023  / Matthew Lithgow /  Americas, Canada

The Nova Scotia carbon auction this month sold all allowances at the scheme’s floor price, with the Canadian province’s largest utility not having qualified after receiving millions of extra free permits this spring, according to results published Wednesday.
The Nova Scotia carbon auction this month sold all allowances at the scheme’s floor price, with the Canadian province’s largest utility not having qualified after receiving millions of extra free permits this spring, according to results published Wednesday.


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