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Manitoba to introduce cap and trade legislation

Manitoba will introduce legislation enabling the creation of a cap-and-trade system to reduce greenhouse-gas emissions,

Premier Greg Selinger said today in a statement from Copenhagen, where he is attending the international climate change conference.
Selinger said the system will be subject to public consultations next year.

"Market mechanisms like cap-and-trade will play a large role in the global effort to address climate change in a cost-effective way," the premier said.

Selinger made the announcement at the Climate Leaders Summit 2009 held in Copenhagen today as a side-event to the UN Conference on Climate Change.

"The Climate Change Summit provides an opportunity to share practical strategies related to clean-energy development, low-carbon technology and regional co-operation on climate change," Selinger said. "These are areas where Manitoba has taken an early leadership role, and they are vitally important for creating new green economic opportunities for the future."

As part of the Climate Change Summit, Selinger is hosting a round-table called Power to the people: our clean energy future. It involves close to 20 government and business participants, speaking on policies that promote renewable energy development and expand clean-energy technology solutions.

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