The good, the bad, and the equivalent

Last week, the governments of Nova Scotia and Canada finalized what’s known as an Equivalency Agreement, standing down the federal coal power regulations in favour of Nova Scotia’s hard cap on emissions in the power sector.

What might seem like a routine agreement between governments is actually a significant milestone in Canadian climate policy; this is the first such agreement that applies to greenhouse gases. And with Ottawa continuing to follow a “sector-by-sector” regulatory approach to carbon pollution — on paper at least — the Nova Scotia deal is expected to be the first of many. Continue reading The good, the bad, and the equivalent