Ontario Consultation Period Re a Cap and Trade Policy

The Ontario Ministry of the Environment released Greenhouse Gas Emissions Reductions in Ontario: A Discussion Paper at the end of January, with a public comment period open till April 21, 2013. The discussion paper states that it is not considering a carbon tax, but rather a cap-and-trade system.   According to an article by lawyers at Osler Hoskin and Harcourt LLP, “Ontario intends to seek an equivalency arrangement with the Federal Government so as to render federal regulations inapplicable as long as equivalent Ontario regulations achieve identical (or better) outcomes.”

LINKS

Greenhouse Gas Emissions Reductions in Ontario: A Discussion Paper

is available at:

http://www.downloads.ene.gov.on.ca/envision/env_reg/er/documents/2013/011-7940.pdf

Ontario Ministry of Environment Climate Change website at: http://www.ene.gov.on.ca/environment/en/category/climate_change/STDPROD_078897.html

and also provides links to earlier policy documents, including the November 2012 Climate Change

Progress Report. “Change is in the Air: Ontario Closer to a Cap-and-Trade System” in Osler Updates, February 21, 2013 at: http://www.osler.com/NewsResources/Details.aspx?id=5497  

 

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