On Wednesday, Canada launched its Greenhouse Gas Offset Credit System to regulate the sale of carbon offsets under the national carbon pricing law. The program will allow registered parties to generate and sell verified carbon offset credits issued by Canada’s federal environmental agency, Environment and Climate Change Canada.
Canada Gets New, Former-Greenpeace Environment Minister
Canadian Prime Minister Justin Trudeau unveiled his new cabinet Tuesday, naming Steven Guilbeault the new Minister of Environment and Climate Change. A longtime environmental activist, Guilbeault served for several years as spokesman for Greenpeace Quebec, and was co-founder and senior director of Quebec environmental non-profit Équiterre.
Canada to Review, Consider Expanding Industrial Emission Pricing System
Canada’s federal ministry of the environment and climate change recently announced it will review Output-Based Pricing System (OBPS) regulations with an eye to increasing emission reductions, covering additional industrial activities, correcting current standards not aligned with activities performed by participating facilities, and improving efficiency.