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We are back … with the next instalment in our carbon finance series

Canada will be leading an initiative with Chile “that calls on all countries to adopt pollution pricing as a central part of their climate strategies,” the environmental ministers of both countries have announced.

In our previous article “Sustainable finance and carbon market: An overview,” we introduced sustainable finance and provided an overview on carbon financing. In this article, we will focus on the Canadian carbon compliance market set by carbon pricing rules at the Canadian federal level. We wish to highlight that the following applies to large industrial facilities emitting 50,000 tonnes or more of CO2e (carbon dioxide equivalent) annually, as well as facilities that have opted into the Output-Based Pricing System (OBPS) (to be defined and described below).

The Federal Court and the Trademarks Opposition Board have taken a non-technical approach to considering the scope of the ground of opposition. (101217990 Saskatchewan Ltd (District Brewing Company) v. Lost Craft Inc. 2022 FC 125).

It is difficult currently to open the daily newspaper or scroll through social media channels without seeing the words emissions trading, carbon finance, cap and trade and the carbon markets referenced within those pages.