| The Ontario government has unveiled its long-awaited cap-and-trade regime. Meanwhile, the federal government is in the early days of establishing its pan-Canadian climate strategy featuring a minimum national carbon price of $15 per tonne.
Will these policies help Canada meet its commitments under the Paris climate change agreement to reduce greenhouse gas (GHG) emissions and limit global warming to 1.5 degrees Celsius above pre-industrial levels? It depends. Ontario joins Quebec and California in the Western Climate Initiative (WCI), a carbon market for tradable emission allowances...............................................Full Article: Source
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