Regulation - LGIC
Proposed Amendments to Cap and Trade Program Regulations
Regulation Number(s):
Instrument Type:
Regulation - LGIC
Bill or Act:
Climate Change Mitigation and Low-carbon Economy Act, 2016
Summary of Decision:
A decision has been made to proceed with amendments to the greenhouse gas cap and trade program, which include changes to the:
1. Cap and Trade Program Regulation (O. Reg. 144/16)
2. Methodology for Distribution of Ontario Emission Allowances Free of Charge
3. Quantification, Reporting and Verification of Greenhouse Gas Emissions Regulation (O. Reg. 143/16)
4. Guideline for Greenhouse Gas Emissions Reporting
1. Cap and Trade Program Regulation (O. Reg. 144/16)
2. Methodology for Distribution of Ontario Emission Allowances Free of Charge
3. Quantification, Reporting and Verification of Greenhouse Gas Emissions Regulation (O. Reg. 143/16)
4. Guideline for Greenhouse Gas Emissions Reporting
Further Information:
Link to Environmental Registry
Proposal Number:
16-MOE021
Posting Date:
November 4, 2016
Summary of Proposal:
The amendments include changes to the:
1. Cap and Trade Program Regulation
2. Methodology for Distribution of Ontario Emission Allowances Free of Charge (See proposed changes in the draft revised Methodology)
3. Quantification, Reporting and Verification of Greenhouse Gas Emissions Regulation
4. Guideline for Greenhouse Gas Emissions Reporting (See proposed changes in the draft revised Guideline.)
1. Cap and Trade Program Regulation
2. Methodology for Distribution of Ontario Emission Allowances Free of Charge (See proposed changes in the draft revised Methodology)
3. Quantification, Reporting and Verification of Greenhouse Gas Emissions Regulation
4. Guideline for Greenhouse Gas Emissions Reporting (See proposed changes in the draft revised Guideline.)
Contact Address:
Effective Date:
January 1, 2017
Decision:
Approved