Canada Flexible on New Emissions Regulations

Globe and Mail reported that the Canadian government is providing flexibility on the implementation of new coal emissions requirements.

As quoted in the market news:

Now the federal government is willing to cede regulation of power-sector emissions to the provinces – as long as they have rules in place that would achieve equivalent reductions. The new approach would allow provinces to set overall emissions targets, rather than adhere to strict targets for each individual power facility as set out by the government’s original approach.

Click here to read the full Globe and Mail report.