TSX:NPI - Post Discussion
Post by
BayWall on Mar 27, 2023 6:14pm
Tradable carbon credit guarantee
OTTAWA (Reuters) -Canada's budget will introduce a system to lock in future carbon credit prices, a move meant to boost investments by giving businesses certainty to develop low-carbon technologies, a senior government source with knowledge of the document said on Monday.
So-called contracts for differences set a price on tradable carbon credits, which heavy emitters can get if they reduce pollution. If the market price for the credit falls below the minimum in the contract, the government would make up the difference.
Reuters March 27, 2023
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Would this apply for those building green hydrogen projects?
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