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Update: BC’s Cap and Trade Regulations – Consultation Papers Released

 

Just a quick update on our blog post last week. Today, the Ministry of Environment released two consultation papers in connection with BC’s proposed cap and trade legislation under the Greenhouse Gas Reduction (Cap and Trade) Act

The consultation paper for Cap and Trade Offsets Regulation can be found here (pdf); and

The consultation paper for Emissions Trading Regulation can be found here (pdf).
The backgrounder for Carbon Pricing policy in British Columbia is here (pdf).
The Ministry has a given the public 45 days (to December 6, 2010) to provide comments on the two papers. To do that please go here.
The Ministry is also conducting a webinar on the consultation papers on Monday, October 25 at 11am (we understand that there may be others). Here are the dial-in instructions.

These regulations are especially important to the Province as it continues in it efforts to fight climate change by reducing BC’s greenhouse gas emissions by at least 33% below 2007 levels by 2020.