Climate Change / Renewables

Stronger Results in Recent California/Quebec Carbon Credit Auction

On November 22, 2016, the Quebec and California governments announced the results of the ninth Cap and Trade System Joint Auction. The results show most of the available greenhouse gas allowances (credits) offered for sale were purchased (almost 90%). This is a significant improvement from the most recent auctions (described in earlier posts, here and […]

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Alberta Announces a Consumer Electricity Price Ceiling and Major Changes to Electricity Market

The government of Alberta has had a busy month with several significant announcements relating to electricity in the province. At the beginning of November, the government released details of its Renewable Electricity Program (see our previous post). In the last week, the government has made two more announcements of significant changes to Alberta’s electricity market […]

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Federal Government Announces Plan to Phase Out Coal by 2030

On November 21, 2016, the Government of Canada announced that it plans to phase out coal-powered electricity and accelerate the move to new sources of clean energy by 2030 (the Announcement). The goal of the Announcement is to have Canada producing 90 percent of its electricity from all clean sources (including nuclear) by the 2030 […]

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Cap & Trade: Offset Credits Regulatory Proposal

The Ministry of the Environment and Climate Change (MOECC) posted the “Offsets Credits Regulatory Proposal” (“Proposal”) on November 16, 2016 on the Environmental Registry for a forty-five day comment period. This Proposal provides a summary of the key administrative requirements associated with the registration, reporting, verification and the ultimate acceptance and issuance of offset credits […]

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Alberta Releases Details of Renewable Electricity Program

On November 3, 2016, the Government of Alberta released the first details of its Renewable Electricity Program (the REP). Under the REP, Alberta intends to procure 5,000 MW of renewable electricity generation capacity through a competitive process administered by the Alberta Electric System Operator (AESO). The goal of the REP is to put Alberta on […]

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