TORONTO — Ontario is considering making large industrial companies pay for pollution if they exceed emissions standards that will be established in the province.
The Progressive Conservative government has posted a proposed system to regulate large emitters as part of its plan to fight climate change.
Under the plan, the province would set sector or facility-level greenhouse gas emissions performance standards rather than an absolute cap on emissions.
Companies who pollute in excess of the standards may have to pay for “compliance units,” which start at $20 per tonne.
The price of the units would increase by $10 a year until they max out at $50 a tonne in 2022.
Greenpeace Canada says the proposed system essentially puts a price on carbon, something Premier Doug Ford’s government has vowed not to do.
The Canadian Press