Category: Power

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Ontario Announces Climate Change Mitigation and Low Carbon Economy Act and the Cap-and-Trade Program Regulations

February 26, 2016

The Ontario government (Government) has taken significant steps in its fight against climate change by introducing two significant pieces of climate change legislation: The Climate Change Mitigation and Low Carbon Economy Act (Act) on February 24, 2016 The Cap and Trade Program Regulations (Regulations) on February 25, 2016 BACKGROUND On April 15, 2015, the Government signed an agreement with Quebec…

Just Like Any Good Recipe, Alberta’s Climate Leadership Plan Has a Little Bit of Everything

November 24, 2015

On Sunday, November 22, 2015, just days before the United Nations conference on climate change in Paris, Alberta released its Climate Leadership Plan (Plan) together with the Climate Leadership Report (Report) upon which it is based. The Plan represents a dramatic and fundamental shift in Alberta’s approach to climate change and greenhouse gas (GHG) issues. Highlights include: Early phase-out of…

Ontario Government Consulting on Proposed Design of the New Cap-and-Trade Program

November 20, 2015

The Ontario Ministry of the Environment and Climate Change (MOECC) has released details of its proposed cap-and-trade program designed to address climate change through the reduction of greenhouse gas (GHG) emissions. On April 15, 2015, the Ontario government signed an agreement with Quebec to create a joint cap-and-trade system to reduce GHG emissions. The cap-and-trade program will be the primary…

LNG Equipment and Buildings: Canadian Government Proposes Accelerated Writeoff

March 9, 2015

  On February 19, 2015, the Canadian government released draft regulations introducing accelerated capital cost allowance (CCA) for facilities in Canada that liquefy natural gas. The government’s intention is to encourage investment in new facilities to support the liquefied natural gas (LNG) industry in Canada.   The draft regulations provide for an additional 22-per-cent CCA allowance for equipment and structures…

New Regulations a Gas for B.C.’s LNG Participants

August 28, 2014

  British Columbia’s oil and gas regulator, the BC Oil & Gas Commission (Commission), recently enacted theLiquefied Natural Gas Facility Regulation (Regulation) pursuant to section 111(2) of the Oil and Gas Activities Act. The Regulation is the latest in a series of regulatory developments aimed at formalizing and clarifying the provincial government’s Liquefied Natural Gas (LNG) Strategy that was released…

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