Cap and Trade Design Principles for Canada

This report, a co-release by Environmental Defence and the United Steelworkers, calls on the federal government to design a Canadian global warming response that achieves environmental goals while creating good green jobs across the country that is fair to all economic sectors and provinces.

The report outlines six key principles:

  1. A cap on emissions should be imposed based on what science says is needed to protect our environment;
  2. The cap should cover as many emitting activities as possible, and close any loopholes;
  3. The system should promote the creation and retention of good green Canadian jobs;
  4. The system should reduce global emissions rather than shift carbon-emitting industries to countries with weaker standards;
  5. Canada has a unique responsibility to regulate emissions from the oil sands; and
  6. The program should direct cap and trade revenues and allowances domestically to public benefit. Revenues should also be directed internationally to help support clean economic development in emerging economies.

Download the full report (524 kb)

  

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