Canada releases federal offset paper as it finalises OBPS, delays CFS regulations

Published 22:34 on June 28, 2019  /  Last updated at 00:49 on June 29, 2019  / Matthew Lithgow /  Americas, Canada, Carbon Taxes, RINs & LCFS

The Canadian environment ministry published a discussion paper on Friday for developing a federal offset programme for use under its ‘backstop’ output-based pricing system (OBPS), while it also finalised those regulations for the large emitter trading system and delayed draft regulations for the Clean Fuel Standard (CFS).
The Canadian environment ministry published a discussion paper on Friday for developing a federal offset programme for use under its ‘backstop’ output-based pricing system (OBPS), while it also finalised those regulations for the large emitter trading system and delayed draft regulations for the Clean Fuel Standard (CFS).


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