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Auction Notice
Ontario Cap and Trade Program
Auction of Greenhouse Gas Allowances
On November 29, 2017,
Issued on September 29, 2017,
Auction Summary
This document, the Auction Notice, is the official
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What is auction of greenhouse gas?
The auction of greenhouse gas is a market-based mechanism used to regulate and reduce emissions of greenhouse gases.
Who is required to file auction of greenhouse gas?
Companies or entities that are required to participate in a greenhouse gas emissions trading program are typically required to file auction of greenhouse gas.
How to fill out auction of greenhouse gas?
Auction of greenhouse gas can be filled out online through the designated platform provided by the regulating body overseeing the emissions trading program.
What is the purpose of auction of greenhouse gas?
The purpose of auction of greenhouse gas is to allocate emission allowances and provide a mechanism for participants to buy and sell allowances in order to comply with emission reduction targets.
What information must be reported on auction of greenhouse gas?
Companies are typically required to report the total amount of greenhouse gas emissions produced, the allowances held, and any transactions made during the reporting period.
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