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Inside Internal Controls

News and discussion on implementing risk management

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cap and trade program

Ontario reveals the details about its performance standards for large industrial emitters

cap trade auction

On February 12th 2019, Ontario announced its proposed plan to reduce greenhouse gas (“GHG”) emissions, the Industrial Emissions Performance Standards Program.

 

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Back to square one? Ontario government winds down cap and trade program and overhauls approach to climate change

On July 25, 2018, the newly formed Ontario Government introduced Bill 4, the Cap and Trade Cancellation Act, 2018 (the “new Act”), which repeals the Climate Change Mitigation and Low-carbon Economy Act, 2016 (the “old Act”) and provides for the wind-down of the province’s cap and trade program[1]. The new Act also sets out a renewed approach to climate change policy.

 

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