Yesterday Ontario passed O.Reg.452/09 which requires large emitters to report their greenhouse gas emissions to the MOE. The first step is for companies to supply emissions data to the Ministry to draw up the province’s emissions profile that can serve as a basis for creating a cap-and-trade system.
O.Reg.452/09 starts by imposing a reporting requirement of specified GHG data by all facilities emitting annually 25,000 tonnes or more of carbon dioxide equivalent (CO2e), and annual reporting of GHG emissions thereafter, starting in 2010 with a NPRI-like June 1 deadline for emissions reports each year.
The regulation also introduces third party verifications of reporting requirements, to be phased in over time.
Interestingly, most of the methods are based on the Essential Requirements for Mandatory Reporting published by the Western Climate Initiative (WCI) on July 15, 2009. Other methods adopt by reference methods of the mandatory Reporting of Greenhouse Gases rule finalized by the EPA in the U.S. on September 22, 2009. No surprise here, but the intention is obviously to mimic what the U.S. will adopt as a cap-and-trade system.
For more details see the MOE’s Guideline for Greenhouse Gas Emissions Reporting.