In this report, we provide a broad overview of 2024’s animated Canadian climate law and policy landscape.
Canada Announces Oil Industry Cap-and-Trade Program
EU Carbon Border Adjustment Begins Taking Effect
Ontario Proposes Changes to Industrial Carbon Pricing Program
Last month, Ontario’s Ministry of the Environment, Conservation and Parks proposed amendments to the Emissions Performance Standards program that regulates industrial greenhouse gas emissions in the province. The proposed program amendments aim to ensure it remains in compliance with the federal government’s carbon pricing benchmark standards for 2023-2030.
Canada Proposes Oil Industry "Cap and Cut" Emission Reduction Options
Environment and Climate Change Canada is considering two options to put a steadily-lowering ‘cap’ on oil and gas sector emissions: a national oil industry cap and trade program, or additional regulations under the Greenhouse Gas Pollution Pricing Act that could result in an industry-specific carbon pricing rate.
Canada Launches Regulated Carbon Offset Program
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.
Ontario Election 2022: Comparing Parties’ Climate Plans
With the writ dropped for Ontario’s 2022 election on June 2, voters must decide what the next four years of provincial environmental policy will look like. To assist, we’ve outlined some of the key features and differences between the four major parties’ climate and environment plans, and provided a short analysis to illustrate what’s good, what’s bad, and what’s missing in each party’s proposal.
Canada Releases First Report Under Climate Accountability Law
The recent 271 page report describes, sector by sector, how Canada’s emissions are being generated, and what policies the federal government - budgeting $9.1 billion in new climate-related spending - is planning or implementing to decarbonize Canada’s economy, with a near term goal of 40-45% emissions reduction (as compared to 2005 levels) by 2030.
