The Forecast, Issue 9

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Building a greener tomorrow: An update on Federal and provincial climate change reporting regulations

The Canadian federal government recently updated the Facility Greenhouse Gas (GHG) Reporting Regulations (applicable to 2009 GHG information to be reported in 2010) to lower the reporting threshold for organizations from 100,000 tonnes CO2e to 50,000 tonnes CO2e, and split two reporting categories used in previous years’ reporting (i.e. Venting and Flaring, and Waste and Water) into separate categories.

On a provincial level, British Columbia, Ontario and Quebec have all joined the Western Climate Initiative (WCI), a collaboration of independent jurisdictions working together to identify, evaluate and implement policies to tackle climate change at a regional level. As such, the WCI jurisdictions in both Canada and the United States are recommending a broad cap-and-trade program, an important component of their comprehensive regional effort to reduce GHG emissions by 15% below 2005 levels by 2020.

The following publication outlines the current reporting requirements within Alberta, British Columbia, Ontario and Quebec, and how PwC can help your organization develop a robust reporting strategy and work towards implementing strategies to reduce GHG emissions.