News & Analysis as of

Canada Carbon Emissions Paris Agreement

Bennett Jones LLP

BC Output-Based Pricing System for Carbon Emissions

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On April 1, 2024, the new Output-Based Pricing System (OBPS) will come into force under the Budget Measures Implementation Act, 2023 (Budget 2023).  The OBPS is a new British Columbia (BC) emissions pricing system (although...more

Bennett Jones LLP

Alberta's Role in the Pathway to Net-Zero

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The Energy Disruptors: Unite 2022 (EDU) conference took place in Calgary recently, bringing together trailblazing "disruptors", ranging from industry leaders to institutional investors to award winning journalists and...more

Bennett Jones LLP

Federal Government Publishes Final Regulations Aimed at Reducing GHG Emissions

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The federal Canadian Greenhouse Gas Offset Credit System Regulations (OCSR) and the Clean Fuel Regulations (CFR), under the Greenhouse Gas Pollution Pricing Act and Canadian Environmental Protection Act, 1999, respectively,...more

Bennett Jones LLP

Achieving Net Zero by 2050: The MMV Plan as a Fundamental Component to Carbon Sequestration Operations

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The Government of Canada adopted the Canadian Net-Zero Emissions Accountability Act in 2021 that sets an aggressive emissions reduction target of 40 to 45 percent below 2005 levels and net-zero by 2050, followed by the...more

Stikeman Elliott LLP

COP26: Key Takeaways and Action Items on Climate Change (Part II)

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In our previous post, we highlighted a number of global goals and campaigns aimed at addressing climate change. In this post, we examine climate change-oriented policies and initiatives that are being adopted by many...more

Stikeman Elliott LLP

COP26: Key Takeaways and Action Items on Climate Change (Part I)

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In recent weeks, there has been a lot written about the COP26 United Nations Annual Climate Change Conference, which was held in Glasgow, Scotland between October 31 and November 13, 2021. The central goal of the COP26...more

Bennett Jones LLP

Canada Opens Initial Consultations on New Carbon Pricing Mechanism

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On August 5, 2021, the Government of Canada announced its launch of an initial exploratory phase of consultations on border carbon adjustments (BCAs), along with the release of a discussion paper. These exploratory...more

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Alberta Plans to Introduce a Competitive Process for Carbon Sequestration Tenure

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On May 12, 2021, the Government of Alberta issued a statement to announce that it will now be granting carbon sequestration rights through a competitive process. Carbon capture utilization and storage (CCUS) is a method where...more

Blake, Cassels & Graydon LLP

China’s Proposed National Carbon Market and Opportunities for Cooperation with Canada

While there is some uncertainty on how the U.S. climate strategy will evolve under a Trump presidency, a number of new carbon emissions regulations and control strategies continue to be developed throughout the world, notably...more

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