On the second day of the Carbon Pricing for Canadian Industry held in Toronto April 25 & 26th, ClearBlue Markets held a corporate workshop for industrial entities regulated under the Output-Based Pricing System (OBPS) stream of the Federal Backstop. The workshop provided industry with a deeper understanding of compliance options and strategies under the Federal Backstop.
Some of the key topics discussed included:
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Carbon Pricing across Canada
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Overview of the two Federal Backstop streams ( Fuel Charge and OBPS
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How does this system differ from Cap & Trade and the Ontario government’s proposed Emissions Performance Standards (EPS) program?
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Benchmark and EITE assessments
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OBPS voluntary opt –in and future development of new OBS
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OBPS registration overview
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What can industry do today to reduce costs and exposure?
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Routes to compliance and routes to market
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Supply & Demand, Pricing
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What funding opportunities can OBPS facilities expect?
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Position management and new reporting requirements
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CRA reporting requirement
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Accounting and finance considerations
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Internal controls and governance
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Impact of political uncertainty in position management
