New Brunswick offers weaker standards for output-based pricing system

Published 22:50 on June 13, 2019  /  Last updated at 22:50 on June 13, 2019  /  Americas, Canada, Carbon Taxes  /  No Comments

The New Brunswick government proposed its own output-based pricing system (OBPS) for large emitters on Thursday, but the market’s less stringent facility-based industrial benchmarks and electricity standards could run afoul of the Canadian federal government’s ‘backstop’ mandate.

The New Brunswick government proposed its own output-based pricing system (OBPS) for large emitters on Thursday, but the market’s less stringent facility-based industrial benchmarks and electricity standards could run afoul of the Canadian federal government’s ‘backstop’ mandate.

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