Tightening the Reins: Maintaining the Integrity of the Cap-and-Trade System
September 23, 2023
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On September 12, 2023, the Government of Nova Scotia enacted amendments to the Cap-and-Trade Program Regulations (N.S. Reg. 194/2018) and the Quantification, Reporting, and Verification Regulations (N.S. Reg. 29/2018) through Orders in Council 2023-246, following the recommendations of the Minister of Environment and Climate Change. These amendments are part of a broader initiative under Section 112Q of the Environment Act aimed at improving the effectiveness and clarity of Nova Scotia’s cap-and-trade framework.
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