6:02 am - Friday, December 14 2018
Home / News / Regulations in Place for Cap-and-Trade Program

Regulations in Place for Cap-and-Trade Program

New and amended regulations will support Nova Scotia’s cap-and-trade program, which will begin Jan. 1.

The new cap-and-trade program regulations, released today, Nov. 14, detail how the program will run. For example, they establish:

  • annual declining greenhouse gas emissions caps
  • rules for distributing, buying, and selling greenhouse gas emission allowances

Amendments were also made to the petroleum product pricing regulations and to the regulations that govern greenhouse gas emissions reporting.

These details were included in government’s release of the program in October, which also included setting one of Canada’s most ambitious greenhouse gas reduction targets – reducing emissions by 45 to 50 per cent from 2005 levels by 2030.

More information is available at http://climatechange.novascotia.ca .

Source: Release

About Haligonia Editors

See news happening near you? Tell us. Click here to email our team.


The views and opinions expressed in this content are those of the author and do not necessarily reflect those of haligonia.ca.

You might also like...


More Police Officers Being Trained to Detect Impaired Driving

A partnership between the federal and provincial governments, and police agencies, will see more front-line police officers trained to detect impaired driving and keep roads safe.

Nova Scotia has developed a plan that will...

Leave a Reply

Your email address will not be published. Required fields are marked *