On June 28, 2008, the Government of Canada launched the
first phase of the Credit for Early Action Program (the
"Program"), which forms a part of
its Turning the Corner plan to cut greenhouse gas emissions.
The Program is designed to recognize facilities in Canada that
could be subject to the proposed industrial air emissions
regulations in 2010, and that took verified measures between
1992 and 2006 to reduce greenhouse gas emissions beyond usual
business conditions. Such facilities will be recognized through
a credit system, with a maximum of five megatonnes of early
action credits to be allocated for use in each of 2010, 2011
The Program will be implemented in three phases:
Phase I of the Program is now open.
Applicants are required to submit a notice of
interest prior to July 28, 2008 and an initial information
submission template no later than September 5, 2008 in order to
be considered for the Program. These documents
must be submitted to Environment Canada in order to participate
in Phase II of the Program. Phase I is intended to generate
information that will allow for the total possible claims on
the early action budget to be estimated.
Phase II of the Program will run from
February to April 2009. In this phase, applicants will provide
information necessary for the one-time allocation of the 15
megatonne total budget of credits (A pro rata
allocation will be used if the eligible reductions exceed this
total). Early action credits will be allocated to successful
applicants in Phase III, which is anticipated
to occur in July 2009.
If your company has taken greenhouse gas reduction measures
between 1992 and 2006 that may be eligible under the Program
for early action credits, submissions should be made as soon as
possible to meet the July 28 deadline to submit a notice of
interest to participate in the Program. Submission forms and
guidance documents can be found at http://www.ec.gc.ca/cmap-cea/default.asp?lang=En&n=B148443A-1.
This Climate Change Legal Alert is
part of a series that is prepared periodically by
BLG's Climate Change Focus
Group to alert our clients of emerging issues and
initiatives that are relevant to their businesses and strategic
interests. Future Climate Change Bulletins and Legal Alerts
will review and consider issues facing various provinces as
well as different industrial sectors. Comments and questions
are always welcome.
Canada is a constitutional monarchy, a parliamentary democracy and a federation comprised of ten provinces and three territories. Canada's judiciary is independent of the legislative and executive branches of Government.
In Bank of Montreal v Bumper Development Corporation Ltd, 2016 ABQB 363, the Alberta Court of Queen's Bench enforced the "immediate replacement" provision in the Canadian Association of Petroleum Landmen 2007 Operating Procedure...
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