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Ontario to Join in Carbon Trading Pact

Posted by mhudema on July 18, 2008

Ontario to sign cap-and-trade climate plan

McGuinty pans Alberta plan to invest in carbon capture, storage

Lee Greenberg, The Ottawa Citizen

Published: Friday, July 18, 2008

QUEBEC CITY – Ontario will join a transcontinental environmental network devoted to fighting climate change as early as today, increasing pressure on Alberta and Saskatchewan to ramp up their efforts to reduce greenhouse gas emissions.

In a move praised by environmentalists, Ontario will sign on to the Western Climate Initiative, joining seven U.S. states, British Columbia, Manitoba and Quebec. The WCI includes plans to establish North America’s first transcontinental cap-and-trade system in 2012.

One climate-change expert described the news as “an important development” in the fight against greenhouse gas emissions.

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