Regulation - LGIC

Emissions Performance Standards program regulatory amendments for the 2023-2030 period

Regulation Number(s):
O. Reg. 241/19
O. Reg. 390/18
Instrument Type:
Regulation - LGIC
Bill or Act:
Environmental Protection Act
Summary of Decision:
We have amended the Emissions Performance Standards (EPS) program to meet the federal benchmark and extend it through the 2023 to 2030 period. Complementary amendments to the reporting program were also made.
Analysis of Regulatory Impact:
Our modelling suggests that the direct compliance costs attributable to the EPS program amendments will be lower than the costs under the proposed federal OBPS. The present value of the cumulative cost savings to regulated industry is estimated to be approximately $1.1 billion for the 2023-2030 period.
Further Information:
Click to open web page  Link to Environmental Registry
Click to open O. Reg. 562/22 (Amending O. Reg. 241/19)
Click to open  GHG EPS and Methodology for determination of TAEL_December 2022 (EN)    (Download Adobe Reader)
Click to open O. Reg. 563/22 (Amending O. Reg. 390/18)
Click to open  Guideline for QRV of GHG Emissions_December 2022 (EN)    (Download Adobe Reader)
Proposal Number:
22-MECP016
Posting Date:
August 26, 2022
Summary of Proposal:
We are proposing changes to the Emissions Performance Standards (EPS) program for 2023-2030 to meet the benchmark set by the federal government. The EPS program will continue to be a fair, cost-effective program that reduces emissions and is flexible to the unique needs and circumstances of industry in Ontario, while supporting green economic growth.
Contact Address:
Effective Date:
January 1, 2023
Decision:
Approved

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