Nova Scotia's Cap & Trade System: A Modest Proposal
5 Pages Posted: 23 Mar 2017
Date Written: March 22, 2017
The government of Nova Scotia has just released a discussion paper on its proposed Cap and Trade (C&T) System for provincial GHG emission reductions. The C&T system is a key component of Nova Scotia’s contribution to Canada’s overall effort to implement the Paris Climate Agreement in line with the Pan Canadian Framework on Climate Change. This article summarizes the key elements of the proposed system, identified shortcomings and proposes a way forward for Nova Scotia.
Keywords: climate change, carbon pricing, cap and trade
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