Ontario Joins Linked North American Carbon Market – Insight from Torys LLP

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Torys’ Tyson Dyck and Henry Ren recently published an informative synopsis of Ontario’s  linkage to the Western Climate Initiative.

With Ontario’s cap-and-trade system joining the carbon market in California and Québec on January 11 the three jurisdictions will now hold joint auctions of emission allowances, which will be tradable across and capable of being used for compliance in all three jurisdictions. We look back at Ontario’s stand-alone cap-and-trade system for 2017, and look forward to the changes anticipated in 2018.

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