Recorded:
Thursday, 12 June, 2025
1:00 pm ET
With the emission reporting deadline behind us, it’s now time to plan for the fast-approaching first compliance deadline for British Columbia's new Output-Based Pricing System (OBPS). Unlike the former CleanBC Industrial Incentive Program (CIIP) and carbon tax, the OBPS offers strategic opportunities to leverage market mechanisms to your advantage. It is therefore important to understand compliance pathways and take action now to secure the optimal outcome for your business.
In this webinar, ClearBlue’s Canadian markets experts will provide a comprehensive overview of the OBPS and share advice on what you need to be doing today to optimize your position in this market ahead of the November 30 compliance deadline. We’ll cover upcoming obligations and timelines, describe how BC’s program intersects with changes at the federal level and, most importantly:
We’ll share why considering transactions or earned credits right now is a smart strategy for all emitters under OBPS – and how to get started today.
Join us to learn:
How OBPS obligations differ from CIIP and the carbon tax of the past.
How various pathways to comply with OBPS obligations can be leveraged to optimize financial position.
Why proactive management of transactions or earned credits is essential.
How to get started – now.
Register now to secure your spot!
CEO & Co-founder
Chief Executive Officer Michael Berends is a highly respected leader in the global carbon markets. With a decades-long career spanning North America and Europe, he has held senior positions in top energy and financial organizations, including Barclays Capital, Vattenfall Energy Trading, and ICL, in trading, origination, procurement, and sales.
Michael has successfully executed numerous global carbon product deals and devised pricing and risk management strategies for emitters in compliance and voluntary markets across more than 50 countries.
Under Michael's leadership, ClearBlue Markets has experienced remarkable growth, expanding sixfold, earning its place as a trusted partner for hundreds of corporations worldwide and launching the Vantage carbon intelligence platform. In 2023, ClearBlue Markets secured an investment of $8 million in financing led by the Royal Bank of Canada.
Michael holds a Master's degree in Conservation Biology from the University of Toronto and a Master's in Environmental Management from the University of Amsterdam.
Director, Policy and Strategy
VP Advisory and Market Access