N-1Report
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27.5 2025 6 (annual) 2026-2029 21.5 2030 4.5 (annual) 1 2 The Sustainable Development Goals Act 38 (SDGA) stated Nova Scotia’s goals to achieve 3 province-wide greenhouse gas emission reductions of at least 10 percent below levels emitted...
AI summary Nova Scotia's Sustainable Development Goals Act set greenhouse gas emission reduction targets, which were later replaced by the more stringent Environmental Goals and Climate Change Reduction Act. The cap-and-trade program allows NS Power to purchase GHG credits, but due to limited availability, the company plans to reduce emissions through fleet dispatch and purchase of reserve credits.
des, the compliance strategy is 20 expected to consist of a reduction of GHG emissions though fleet dispatch and purchase of 21 additional reserve GHG credits at the end of the compliance period. 38 An Act to Achieve Environmental Goals an...
AI summary The document discusses NS Power's compliance strategy under the GHG cap-and-trade system, focusing on reducing emissions and purchasing reserve GHG credits to meet requirements. It also references the Act to Achieve Environmental Goals and Sustainable Prosperity, which has not yet been proclaimed in force.
Million tonnes 2019 6.334 2020 5.517 2021 5.120 2022 5.087 8 9 NS Power’s thermal facilities that meet the CO2 emissions threshold for cap-and-trade (50,000 10 tonnes) are not required to pay fuel surcharges on fuel consumed for electricit...
AI summary The text discusses NS Power's thermal facilities and their compliance with cap-and-trade regulations, noting that certain facilities are exempt from fuel surcharges based on CO2 emissions thresholds. It also references amendments to the Nova Scotia Air Quality Regulations, which set emission caps for sulphur dioxide, nitrogen oxides, and mercury.
1 containing consumer products, which reduced the amount of mercury going into the environment 2 through landfills. Credits approved by Nova Scotia Environment and Climate Change (ECC) may 3 be used to compensate from the deferred emission...
AI summary The text discusses environmental policies and carbon pricing mechanisms in Nova Scotia, including the use of mercury credits and the implementation of the Environmental Goals and Climate Change Reduction Act (EGCCRA). It outlines the federal carbon price trajectory and provincial compliance options, such as cap-and-trade or hybrid models.