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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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The auction of greenhouse gas is a market-based mechanism used to regulate and reduce emissions of greenhouse gases.
Companies or entities that are required to participate in a greenhouse gas emissions trading program are typically required to file 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.
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.
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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