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Looking to learn more about the new rules on Cap and Trade? Cap and Trade Transparency
This site will give you the consumer an idea of costs for the Cap and Trade which came in to effect on Jan 1, 2017. Please note that the targets of 15% CO2 reduction are to 2020. The next projected targets are 37% form 2021 to 2030.
IMPACTS
The Climate Change Action Plan estimate of the total cost of cap-and-trade to Ontarians is $156 ($13 per month) in 2017. The preliminary estimate of the Ministry of Finance suggests that direct costs to the average Ontario household in 2019 will be $210, plus an additional $75 in indirect costs. It is likely that impacts will vary regionally, however, this information has not been made available.
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