Canadian Greenhouse Gas Offset Credit System Regulations (SOR/2022-111)

Marginal note:Project characteristics

• 4 (1) These Regulations apply to a proponent of a project

  • (a) which is of a type for which a protocol has been included in the Compendium of Federal Offset Protocols;

  • (b) that aims to generate GHG reductions by preventing GHG emissions or removing GHGs from the atmosphere; and

  • (c) with respect to which the reductions are real, additional, quantified, verified, unique and permanent.

• Marginal note:Reductions — additional

  (2) For the purposes of paragraph (1)(c), reductions are additional if those reductions

  • (a) would not have been generated in the absence of the project;

  • (b) were not required by law or the result of a legal requirement; and

  • (c) are not from sources, sinks and reservoirs that are subject to federal or provincial pricing mechanisms for GHG emissions.

• Marginal note:Reductions — unique

  (3) For the purposes of paragraph (1)(c), reductions are unique if those reductions are not credited under another offset program or another GHG reduction mechanism.

• Marginal note:Non-application

  (4) These Regulations do not apply to projects that have a start date before January 1, 2017.