Output-Based Pricing System Regulations (SOR/2019-266)

Marginal note:System components

4 These Regulations set out

• (a) the manner in which a person responsible for a covered facility must, under Part 2 of the Act, provide a report that sets out the information with respect to the GHG emissions limit and cause the report to be verified;

• (b) the methods to quantify the GHGs from a covered facility and the production from each specified industrial activity engaged in at the covered facility;

• (c) the manner of determining the covered facility’s GHG emissions limit based on the facility’s production from each specified industrial activity and the applicable output-based standard; and

• (d) the manner in which compensation is provided for excess emissions and surplus credits are issued.