Proposal for the Output-Based Pricing System Regulations
Environment and Climate Change Canada (ECCC) has developed a proposal for regulations pursuant to Part 2 of the Greenhouse Gas Pollution Pricing Act (GGPPA) to implement the Output-Based Pricing System (OBPS) that will apply to facilities carrying out certain industrial activities. This regulatory proposal sets out the proposed rules with respect to the OBPS for the purpose of receiving comments from stakeholders to inform the regulatory process. Comments are due by February 15, 2019 and should be emailed to: ec.tarificationducarbonecarbonpricing.ec@canada.ca
Table of contents
- Context
- Definitions
- Application: Covered facility
- A facility ceasing to be a covered facility
- Compliance periods
- Report for a covered facility
- Quantification of GHG emissions, production and thermal energy transfers
- Calculation of net GHG emissions due to carbon storage
- GHG limit for a facility
- Rules for calculated output-based standards
- Temporary rules for a new facility
- Assessment of emissions against limit
- Compensation if emissions are above a facility’s limit
- Surplus credits if emissions are below a facility’s limit
- Rules regarding compliance units
- Criteria for recognizing units from other jurisdictions
- Tracking system
- Notification of errors and omissions
- Records and recordkeeping
- Confidentiality
- Offences
- Coming into force
- Schedule 1: List of covered industrial activities and their sub-activities
- Schedule 2: Content of verification report
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