2021-2024 27.5 2025 6 (annual) 2026-2029 21.5 2030 4.5 (annual) 5 6 From 2019 to 2022, Nova Scotia’s cap-and-trade program was in effect. The Cap-and-Trade 7 Program Regulations included annual free allowances for GHG emissions for NS Powe...
AI summary The document outlines Nova Scotia Power's participation in the cap-and-trade program from 2019 to 2022, including free allowances for GHG emissions and adjustments to the Cap-and-Trade Regulations that provided additional kilotonnes of emissions capacity. It also references the Nova Scotia Air Quality Regulations and their emission caps for sulphur dioxide.
0, 10 kg per year for 4 subsequent years) for compliance from 2020 to 2029. 5 6 In December 2020, as part of the report titled A Healthy Environment and a Healthy Economy, 38 37F 7 the Federal Government proposed a carbon price trajectory...
AI summary The text outlines the evolution of carbon pricing policies in Nova Scotia, including the Federal Backstop proposal, the Province's legislative updates, and options for implementing carbon policy, such as cap-and-trade or hybrid models.
s 17 reductions. 18 19 In October 2022, the Province updated the Environment Act, 39 moving from the previous cap- 38F 20 and-trade system to a provincial output-based pricing system (Nova Scotia OBPS, referred to as 21 the “NS OBPS”) star...
AI summary In October 2022, Nova Scotia updated the Environment Act, transitioning from a cap-and-trade system to a provincial output-based pricing system (NS OBPS), effective January 1, 2023. The NS OBPS sets emission intensity limits for electricity generation facilities based on fuel type, with compensation required for exceeding these limits, priced according to the federal carbon price.