Law360, New York (January 14, 2013, 12:45 PM EST) -- On Sept. 5, 2012, the Canadian federal government announced final regulations entitled Reduction of Carbon Dioxide Emissions from Coal-fired Generation of Electricity Regulations (the Canadian regulations), as part of the government's efforts to reduce Canada's total greenhouse gas (GHG) emissions to 17 percent below its 2005 levels by 2020 and transition from coal-fired electricity generation to renewable energy, high-efficiency natural gas or thermal power with carbon capture and sequestration (CCS).
Beginning on July 1, 2015, the Canadian regulations will apply a performance standard to new coal-fired electricity generation units (EGUs) and units that have reached the end of their useful life....
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