Decoding British Columbia's Output-Based Pricing System

About this webinar

British Columbia (BC) has long been a leader in climate policy, and its newly implemented Output-Based Pricing System (OBPS) is the latest evolution in the province's effort to reduce greenhouse gas emissions while maintaining industrial competitiveness.

Effective April 2024, the OBPS replaces the Clean Industrial Incentive Program (CIIP) and introduces a compliance framework designed to incentivize emission reductions, align with federal climate goals, and provide industries with new pathways to achieve compliance.

In a recent webinar, Adi Dunkelman, Director Carbon Policy at ClearBlue Markets, Elton Lawes, Director Carbon Markets at ClearBlue Markets, and Mark Lawson, Head of Carbon Acquisition at Invert, a leading carbon reduction and removal company focused on developing high-integrity projects in the Americas, shared a comprehensive overview of BC’s OBPS, its implications, and how businesses can navigate this emerging landscape.