The new Ontario government have brought much uncertainty to the fate of the provincial climate policies implemented by the Liberal government over their last term. The newly elected Progressive Conservatives announced their intention to dismantle the cap-and-trade system, which generated $2.8 billion in revenue for the province and were earmarked to be invested in initiatives aimed at reducing […]
Tag: carbon pricing
Carbon Pricing Developments Across Canada
Carbon pricing was a major topic of discussion in the recent Pan-Canadian Framework on Clean Growth and Climate Change, with the federal government requiring provinces and territories to adopt a carbon price by 2018. The Framework gives provinces the choice of carbon tax, cap and trade, or a combination with common scope of emissions coverage. Carbon […]