Compliance Credits: Meet regulations in a business-friendly way.

Turn your emission requirements into a competitive business strategy and develop new revenue streams or hedge and mitigate costs.

1

Introduction

2

Canadian Federal OBPS

3

Alberta TIER

4

California Cap & Trade

Change has never been this profitable.

Reduce costs and protect the planet through regulated and measured reduction of emissions. Obtain or surrender emissions permits (allowances), offsets and/or other compliance units in order to meet predetermined regulatory targets. Review your operational strategies, equipment usage, and explore cleantech to uncover new revenue opportunities for your business.

Regulated entities purchase and surrender serialized carbon credits to comply with set regulatory caps on greenhouse gas emissions to reduce the cost of paying taxes and/or avoid paying penalties. Companies that emit less than their regulated limits receive surplus credits from the regulating body, which can be held or sold. Carbon credits trade at prices based on supply and demand and market floor and ceiling prices, which are set by the government regulating the program. Credits sold through these programs are regulated to ensure a certain quality level and can enforce restrictions on project types, vintages, and locations.

Radicle has traded over $500 million worth of environmental commodities in the voluntary and compliance markets.
Radicle has traded over $500 million worth of environmental commodities in the voluntary and compliance markets.

Worth of environmental commodities traded in the compliance and voluntary markets.

Compliance markets.

Big green Radicle spheres hovering above ground in the forest next to a baby evergreen tree.

Canadian Federal OBPS

In Canada, Ontario, Manitoba, New Brunswick, Prince Edward Island, and partially in Saskatchewan (partial) have the OBPS in effect today. Ontario will transition from the federal OBPS to the Ontario Emissions Performance Standards (EPS) on January 1, 2022. For more information on OBPS, visit www.canada.ca.

A pumpjack pumping oil from the ground in the prairies.

Alberta TIER

The Technology Innovation and Emissions Reduction (TIER) Regulation is Alberta’s industrial greenhouse gas emissions pricing system. Facilities that emit more than 100,000 tonnes of carbon dioxide equivalent (tCO2e) a year are regulated under TIER and must reduce emissions to meet facility benchmarks. For more information on TIER, visit www.alberta.ca.

California and Quebec Cap and Trade

California and Quebec’s cap-and-trade program is one of the largest multi-sectoral emissions trading systems in the world. This system has provided valuable insights into creating and managing an economy-wide cap-and-trade system that spans two countries. Quebec’s cap-and-trade system has been linked to California’s since 2014 as part of the Western Climate Initiative (WCI). For more information on California Cap and Trade, visit www.c2es.org. For more information on Quebec Cap and Trade, visit here.

Get Started

Help the planet. Become sustainable.