Ontario Legislative Assembly Building

The Ontario legislature has adjourned for the summer without adopting the Ford government’s bill to formally shut down the province’s carbon trading market.

Ontario’s environment minister had unveiled the new legislation called the “Cap and Trade Cancellation Act” (or Bill 4) to end Ontario’s cap-and-trade program, claiming it will save the average family $260 per year.

The bill includes provisions that would require him to outline new emissions targets, without legally requiring the province to adhere to them.

“‎Bill 4 is a priority for the government and will come up for debate when the legislature resumes in the fall,” said a spokesperson for Government and Consumer Services Minister Todd Smith, in an email to National Observer.

Editorial Team
The Editorial Team comprises a diverse and talented team of writers, researchers and subject matter experts equipped with data and insights to deliver useful news updates. We are experts with the mission to inform, educate and inspire the industry. We are passionately curious, enthusiastic, and motivated to positively impact the world. Send us a tip via hello @ pvbuzz [dot] com.

Canadian utility (OPG) acquires Eagle Creek—U.S. power producer—for $300M

Previous article

Tesla wins another bid to build a massive battery system with Powerpacks

Next article

You may also like


Comments are closed.

More in News