Ontario Finalizes Updated Cap and Trade Regulations, Link with California & Quebec in Place for Jan. 1
By David Stevens, via Lexicology.
November 30, 2017 - Ontario’s Ministry of the Environment and Climate Change (MOECC) has confirmed that a decision has been made to proceed with amended regulations to facilitate the linkage of Ontario’s Cap and Trade program with California and Quebec (discussed in an earlier post). This will ensure that the linkage will be in place for January 1, 2018.
The MOECC’s November 28, 2017 Regulation Decision Notice confirms the amendments to the existing Cap and Trade Program Regulation and related instruments that will implement the linkage. The key amendments to facilitate the linkage include the following items that are listed in the recent Notice: