The proposed framework outlines a regulatory cap-and-trade program for Canada’s oil and gas industry, with a sectoral limit 35-38% below 2019 levels.

On April 14th, Ontario’s Superior Court of Justice dismissed the climate action case Mathur v. Ontario, in which seven youth plaintiffs alleged that Ontario’s lacklustre 2018 climate plan, adopted following Doug Ford’s election to premier, violates the Charter rights of today’s youth and future generations.

On Wednesday, Canada launched its Greenhouse Gas Offset Credit System to regulate the sale of carbon offsets under the national carbon pricing law. The program will allow registered parties to generate and sell verified carbon offset credits issued by Canada’s federal environmental agency, Environment and Climate Change Canada.

After attacking Ontario Liberals for their “carbon tax” in 2018, and federal Liberals for their “carbon tax” in 2019, Ford quietly decided that in 2022, he actually wouldn’t mind his own.

The European Union’s executive branch, the European Commission, last week unveiled its ‘Fit for 55’ climate plan: an ambitious set of policy and regulatory proposals aimed at lowering the bloc’s net emissions by “at least” 55% by 2030 compared to 1990 levels. In this piece, we’ve put together an overview of the plan’s principal components.

The rules of China’s national cap and trade program went into effect in February, but the 2,200+ energy sector companies subject to the program are slated to (finally) get to start trading emissions this Friday.

The program will cover three-quarters of the state’s emissions, meaning that once in place, Washington will become the second US state (after California) to price most in-state emissions. Collected program revenues will be allocated to a “climate investment account” to support Washington’s green transition.

On September 21st, 2020, the Canadian federal government accepted Ontario’s Emission Performance Standard (EPS) program as an alternative to the federal output-based pricing system (OBPS) that’s been in effect in the province since January 1st, 2019. Both programs are cap and trade-type emission pricing regimes designed to incentivize industrial polluters (e.g., pulp and paper facilities, base metal smelting facilities, etc.) to lower greenhouse gas (GHG) emissions.