Americas > UPDATE – Canada unveils cap-and-trade system for oil and gas emissions

UPDATE – Canada unveils cap-and-trade system for oil and gas emissions

Published 18:09 on December 7, 2023  /  Last updated at 23:50 on December 7, 2023  / William Koblensky Varela /  Americas, Canada, Paris Article 6

Canada unveiled plans on Thursday for a cap-and-trade system for its oil and gas sector, with the government aiming to introduce reporting requirements from 2026 and set out a 2030 emissions cap, but giving no clear indication on when the market would launch.
Canada unveiled plans on Thursday for a cap-and-trade system for its oil and gas sector, with the government aiming to introduce reporting requirements from 2026 and set out a 2030 emissions cap, but giving no clear indication on when the market would launch.


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