Environment & Energy Report

Ontario, Greenpeace to Face Off in Cap-and-Trade Court Case

March 29, 2019, 7:17 PM

Ontario will seek to quash a court action April 1 arguing the Canadian province broke the law when it shut down a cap-and-trade market for carbon dioxide emissions.

A newly elected provincial government failed to provide enough public notice as required by Ontario’s environmental bill of rights before closing the market in June, the application at Ontario’s Divisional Court by Greenpeace Canada says.

Dissolving the market made C$3.88 billion ($2.90 billion) in emission allowances worthless, and the outcome of the court action could influence allowance owners who are thinking of suing Ontario for the shutdown, a top lawyer with...

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