Climate Change / Renewables

Federal Budget Offers Opportunities for Cleantech Firms and Geothermal Energy

On March 22, 2017, Minister Bill Morneau presented the 2017 Federal Budget to Parliament (Budget 2017). As discussed in the Aird & Berlis LLP Tax News Flash, Budget 2017 addresses a wide range of items and proposes to build on the Government’s previous actions and to introduce targeted investments aimed at fostering economic growth and […]

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NRCan Developing Stringent Energy Efficiency Standards For Appliances and Equipment

On March 4, 2017, Natural Resources Canada (NRCan) issued a Notice to initiate the development of new or more stringent energy efficiency standards for 17 product categories of appliances and equipment. This is the first step in a consultation process that will result in updates to the Energy Efficiency Regulations made under the Energy Efficiency […]

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A Return to Poor Results in the Latest California/Quebec Carbon Credit Auction

On March 1, 2017, the Quebec and California governments announced the results of the tenth Cap and Trade System Joint Auction. The results show that very few of the available greenhouse gas allowances (credits) offered for sale were purchased (around 16.5%). This is a huge decline from the prior auction where around 90% of available […]

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New Report Highlights Key Role Ontario LDCs Can Take In Advancing Distributed Energy Resources

The Ontario Electricity Distributors Association (EDA) recently released a Report titled The Power to Connect: Advancing Customer-Driven Electricity Solutions for Ontario. The Report highlights how distributed energy resources (DERs) can support a more resilient and cost-effective electricity system. In both the Report (which was prepared by Navigant Consulting) and the related Overview (prepared by the […]

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Ontario’s First Cap and Trade Auction Set for March 22, 2017

The Ontario Ministry of the Environment and Climate Change has released an Auction Notice for the Ontario Cap and Trade Program Auction of Greenhouse Gas Allowances to be held on March 22, 2017. This is the first public auction to be held. It follows a “practice auction” that was held earlier in January 2017 to […]

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