Carbon emission regulations are imminent in Canada. Regulatory legislation to constrain carbon emissions are emerging on provincial, regional and national levels across Canada. In addition, world leaders are being pressured to make real and measurable commitments to combat climate change during the United Nations Climate Change Conference in Copenhagen.

Recent greenhouse gas emission reporting regulations have passed legislation in both Ontario and British Columbia, announcing annual reporting requirements to begin January 2010. It can be said that these regulations are supporting the development and implementation of a cap and trade program nationally.

United States and Canadian cross-border alignment is essential for success. As carbon markets develop businesses need to evaluate the opportunities and challenges facing carbon market participation.

Energy Advantage's free white paper provides a comprehensive overview of these opportunities and challenges, outlining Canada's viability to successfully launch a carbon market, including;

• Existing markets and their successes;
• Opportunities for direct emission reductions;
• The real challenges of carbon credit creation; and
• Cross-border alignment.

Learn more about Ontario and British Columbia greenhouse gas reporting requirements and regulations:

British Columbia Greenhouse Gas Reduction (Cap and Trade) Act