Newspaper article The Canadian Press

Ontario Audio 3:15 PM ET

Newspaper article The Canadian Press

Ontario Audio 3:15 PM ET

Article excerpt

Ontario Audio 3:15 PM ET

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R02 - (Ont-Cap-And-Trade)

TORONTO. x-10s. Ontario's new Progressive Conservative government says it is introducing legislation today to dismantle the province's cap-and-trade system. It says the proposed legislation will set out the legal framework to wind down the program, including compensation for certain eligible permit holders. Environment Minister Rod Phillips said the carbon price would hurt Ontario's economy if it wasn't repealed.

("..trade program.") (SOURCE:The Canadian Press)

TAG: The cap-and-trade system aimed to lower greenhouse gas emissions by putting caps on the amount of pollution companies in certain industries can emit.

R01 - (Ont-Cap-And-Trade)

TORONTO. …

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