November 30, 2018

Ontario’s Progressive Conservative (PC) government on Thursday unveiled its new carbon tax-free climate strategy, which will see it use output-based performance standards (OBPS) for large emitters while incentivising additional GHG cuts through a fund to reach weakened 2030 reduction targets.

The 54-page ‘Made-in-Ontario’ proposal will “hold polluter...

November 21, 2018

Canadian industry to face short carbon market: Report

Canadian companies regulated by the federal government's forthcoming program to limit greenhouse gas (GHG) emissions from industry may face a short market next year, according to a new analysis.

The market for Canada's output-based pricing system (OBPS) will be short by nearly 12mn compliance units...

November 20, 2018

Canadian emitters to face 12 Mt shortfall under OBPS in 2019 -analysts

Large Canadian emitters to be regulated by the federal government’s output-based pricing standard (OBPS) from 2019 will face a compliance unit deficit of nearly 12 million tonnes during the market’s inaugural year, according to a new report released Monday.

Starting Jan. 1, an esti...

November 15, 2018

Analysts cut WCI price forecast as fuel sales slow

A mounting allowance surplus spurred by declining fuel sales in the WCI cap-and-trade programme should result in smaller price gains than previously expected following Wednesday’s auction and into the next decade, according to analysts.

Toronto-based consultants ClearBlue Markets said gasoline sales h...

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