Details

The 21st Conference of the Parties to the United Nations Framework Convention on Climate Change (COP21) is fast approaching (November 30 to December 11, 2015).  COP21 brings with it significant expectations, including the potential for a new comprehensive international agreement on climate change to help keep global warming below 2°C. 

With COP21 around the corner, it is anticipated that Ontario will soon reveal the details of its own cap-and-trade system for greenhouse gas (“GHG”) emissions. 

What will Ontario’s system look like?  Will the province capitalize on the clean-tech opportunities that carbon offsets will potentially create?  How will this “new reality” impact Ontario’s industries?  

What follows is a discussion of what the province has done to pave the way for a cap-and-trade system in Ontario and what such a system might look like.

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