ANALYSIS: Final electricity benchmarks in Canadian ‘backstop’ OBPS still creating uneven playing field

Published 22:28 on July 22, 2019  /  Last updated at 00:21 on September 16, 2020  /  Americas, Canada, Carbon Taxes, CBAM  /  No Comments

More stringent electricity benchmarks for new natural gas plants under Canada’s ‘backstop’ output-based pricing system (OBPS) may still be slow to incentivise greater renewables usage and could also exacerbate dispatch decisions of more carbon-intensive fuel types under the programme, economists said.

More stringent electricity benchmarks for new natural gas plants under Canada’s ‘backstop’ output-based pricing system (OBPS) may still be slow to incentivise greater renewables usage and could also exacerbate dispatch decisions of more carbon-intensive fuel types under the programme, economists said.

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