Description
The Compliance Cost Containment Program provides relief to eligible facilities experiencing economic hardship as a result of compliance cost obligations under the Technology Innovation and Emissions Reduction Regulation (TIER) (and formerly under the Carbon Competitiveness Incentive Regulation (CCIR)). This dataset lists the names of regulated organizations and facilities that have received program support in past compliance years, as well as the type(s) of support provided to each facility.
Program support types include:
Additional Compliance Flexibility – Under CCIR and TIER, the quantity of credits (Alberta-based emissions offset credits and emissions performance credits) an organization may use to comply with the true-up obligation for a regulated facility in any compliance year is limited by a compliance flexibility limit threshold. The additional compliance flexibility provided to designated compliance cost containment facilities removes the threshold for a designated facility, allowing for 100% of an annual true-up obligation to be satisfied with retirement of credits.
Compliance Cost Containment Benchmark Allocation – If the additional compliance flexibility is not sufficient to relieve economic hardship, an additional benchmark allocation may be assigned to a facility to further reduce economic hardship. Cost containment benchmark allocations are assigned by the director and are additive to the existing benchmark(s) for a facility.
Updated
November 14, 2023
Tags
Resources
-
Compliance Cost Containment Program Designees and Support (2018-2022)
The table provides a list of the Cost Containment Program support provided...
More information DownloadDownloads: 182
Title and Dataset Information
Date Modified
2023-11-14
Update Frequency
Annual
Publisher / Creator Information
Creator
Publisher
Environment and Protected Areas
Subject Information
Resource Dates
Date Created
2021-12-03
Date Added to catalogue
2021-12-03T19:17:23.858965
Date Issued
2021-12-03
Date Modified
2023-11-14
Audience information
Language
Identifiers
Usage / Licence
Contact
Contact Name
Climate Regulation and Carbon Markets Branch