1 In December 2020, as part of the report titled A Healthy Environment and a Healthy Economy, 34 2 the Federal Government proposed a carbon price trajectory of $65/tonne starting in 2023 and rising 3 $15 annually to $170/tonne in 2030 (“Fe...
AI summary In 2020, the Federal Government proposed a carbon pricing trajectory starting at $65/tonne in 2023, increasing to $170/tonne by 2030. Nova Scotia updated its Environment Act in 2022, transitioning from a cap-and-trade system to an output-based pricing system (NS OBPS), setting emissions intensity limits for generating facilities and requiring compensation for excess emissions at the federal carbon price.