Climate change is one of the most urgent issues of our time requiring strong, collective action to ensure Ontario can achieve deep greenhouse gas reductions while fostering a strong, prosperous low-carbon economy. Ontario is proposing to amend its greenhouse gas emissions reporting regulation to support a future cap and trade program.
The Ministry of the Environment and Climate Change seeks comments on proposed amendments to the Greenhouse Gas Emissions Reporting Regulation (O.Reg. 452/09) and the Guideline for Greenhouse Gas Emissions Reporting, including:
- Lowering the reporting threshold to 10,000 tonnes CO2e from the current threshold of 25,000 tonnes per year, while maintaining the requirement to have emissions greater than 25,000 tonnes per year third party verified
- Divide the emission sources into those that are reporting only and those that require third party verification
- Add petroleum product suppliers and natural gas distributors to the reporting regulation starting in 2016, to support the implementation of a cap and trade program
- Add other sources to the reporting regulation including:
o Equipment used for natural gas transmission, distribution and storage,
o Electricity imports,
o Electricity transmission and distribution,
o Magnesium production, and
o Mobile equipment at facilities.
Technical changes to the calculation methods are also proposed, to align with Quebec and California on missing data, analysis methods, and reporting of production data (to support cap and trade). These changes include several changes proposed under EBR Registry Number 012-2618, including:
- Clarification on verification to allow for the use of positive, qualified positive and adverse verification statements
- Changes to the guideline to remain consistent with requirements in other provinces
- Streamline director approvals in the Guideline.