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Deadline for comments on Draft OBPS Regulations
Friday 15 February 2019 -  - Friday 15 February 2019 
On December 20, 2018, the Government of Canada released further details on the regulatory development and implementation of the federal Output-Based Pricing System (OBPS) in identified jurisdictions where the federal carbon pollution pricing system (federal backstop) will apply. More information on the material released yesterday is provided below.

The federal government published the draft OBPS regulations and proposed cost-benefit analysis framework for the purpose of receiving comments from the public and interested stakeholders before finalizing the regulations. The draft regulations provide the proposed output-based standards (OBS), rules for compliance and compensation, criteria respecting covered facilities and amended quantification, reporting and verification requirements. Comments can be submitted at ec.tarificationducarbonecarbonpricing.ec@canada.ca until February 15, 2019.  












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