On January 1, 2020, carbon pricing was formally implemented in every province and territory. There are two general ways in which a carbon price has been applied in Canada:
a pollution price on fuel; and
a pollution price for industry.
Aside from carbon pricing, Brightspot Climate also has intimate familiarity with BC’s Low Carbon Fuel Standard.
We keep an eye out for incoming policy changes and are attentively following developments in the federal Clean Fuel Standard, with draft regulations targeted for publication in fall 2020.
Brightspot Climate’s experts have years of experience advising provincial governments and stakeholder groups across Canada to help develop and hone carbon pricing policies, as well as help organizations including large industry strategize their best path forward given price and policy forecasts. Our work has included:
Research and Consultations
Policy Framework Development
Compliance Market Supply and Demand Modeling
Offset Protocol Development
Offset System Design Guidance Development