CORRECTION – Canada moves to delay 2019 deadlines for ‘backstop’ large emitter programme

Published 23:41 on April 8, 2020  /  Last updated at 17:04 on April 13, 2020  /  Americas, Canada, Carbon Taxes  /  No Comments

The Canadian environment ministry proposed Wednesday to delay the 2019 reporting and compliance deadlines for the federal ‘backstop’ output-based pricing system (OBPS), potentially giving large stationary emitters more time to procure offsets or surplus credits.

*Corrects date of new proposed deadline for 2019 OBPS compliance obligations*

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