Second Ontario CO2 auction sells out at premium price, as federal action has emitters ‘taking scheme more seriously’

Published 20:13 on June 13, 2017  /  Last updated at 10:06 on June 14, 2017  /  Americas, Canada, US  /  No Comments

Ontario’s second CO2 auction fully sold out at a 2.3% premium to the reserve price, the government announced Tuesday, with observers noting that recent Canadian federal action on carbon pricing has emitters in the province's cap-and-trade scheme taking it more seriously.

Ontario’s second CO2 auction fully sold out at a 2.3% premium to the reserve price, the government announced Tuesday, with observers noting that recent Canadian federal action on carbon pricing has emitters in the province’s cap-and-trade scheme taking it more seriously.

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