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ClearBlue contributes to ECO's 2018 Greenhouse Gas Progress Report

ClearBlue Markets is a proud contributor to the ECO 2018 Greenhouse Gas Progress Report. Ontario's Environmental Commissioner, Dianne Saxe, released the 2018 Greenhouse Gas Progress Report "Climate Action in Ontario: What's Next?" The report addresses the cancellation of the Cap & Trade program, its impact on the province and explores what a new and effective climate law in Ontario should look like. The cancellation of the province's Cap & Trade program has left Ontario without effective policies to address climate change. The revenue from the Cap & Trade program was beginning to bring large benefits to Ontario by funding energy efficiency projects and incentivizing low carbon development. O

Cap & Trade Cancellation Act Open for Public Comment on Environmental Registry

Shortly after Greenpeace Canada launched a lawsuit against the Ontario government for the cancellation of the Cap & Trade program, the provincial government posted the Cap & Trade Cancellation Act on the Environmental Registry for a 30-day public commenting period. Greenpeace stated that the Ontario government violated the Environmental Bill of Rights (EBR) by failing to hold public consultation on the cancellation of the province's Cap & Trade program. The EBR is unique to Ontario and states that citizens have the right to a 30-day consultation period for environmental regulations and legislation. Previously, the government stated that campaigning on the cancellation of the program and the

The Cost of Closing a Carbon Market

A change in government has brought a change of direction for Ontario's climate change response. Following its June election, the new Progressive Conservative government has acted on its campaign pledge to rescind the provinces's carbon market. Michael Berends, Michiel ten Hoopen and Nicolas Girod lay out the chaos and the cost of this move. Read the full ClearBlue IETA Insights article on the Cost of Closing a Carbon Market here

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