Offset System for Greenhouse Gases - Overview Paper

These papers provide a basis for consultations on the design of the offset system as proposed in the 2005 Climate Change Plan, "Moving Forward on Climate Change". Written submissions are welcome until September 30, 2005. Written submissions should be submitted to:

Judith Hull
Project Manager, Offsets
Environment Canada
Suite 200, 155 Queen Street
Ottawa, Ontario K1A 0H3
email: offsets-compensations @ ec.gc.ca

Library and Archives Canada Cataloguing in Publication
EPSM-679

Table of Contents

1. Introduction

2. Policy Context

3. Key Principles

4. Offset System Rules

5. Offset Credit Creation

6. Specific Design Elements

• Tradeable credits
• Simplifying the project approval process
• Simplifying the credit issuance process
• Micro projects

7. Next Steps

Annex 1