How to enforce the oilsands emissions limit – command and control or market-based mechanisms?

On June 16th, the Oil Sands Advisory Group (OSAG) publicly released its report providing advice to the Alberta Government on implementing the oilsands emissions limit. Part of Alberta’s Climate Leadership Plan, the oilsands emission limit restricts greenhouse gas (GHG) emissions from the oilsands sector to 100 megatonnes (MT). The report’s recommendations can be grouped broadly

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