Emissions Trading (O. Reg. 397/01). Country/Territory Canada Territorial subdivision Ontario Document type Regulation Date 2001 (2005) Source FAO, FAOLEX Subject Air & atmosphere Keyword Pollution control Air quality/air pollution Emissions Monitoring Data collection/reporting Registration Environmental standards Geographical area Americas, North America Abstract The present Regulation enforces the Environmental Protection Act (R.S.O. 1990, c. E. 19). In particular, the Regulation sets new sector-wide caps on airborne emissions of NOX and SO2 from the electricity sector. The reductions will occur in two steps: the first at the end of 2001, followed by a larger reduction in 2007. Regulation also sets out rules for a system of emissions reduction trading, giving power plants the option either to cut their own emissions directly or to buy emission reduction Full text English Website www.gov.on.ca References - Legislation Implements Environmental Protection Act (R.S.O. 1990, c. E.19). Legislation | Canada | 1990 (2017) Keyword: Basic legislation, Pollution control, Waste disposal, Waste management, Air quality/air pollution, Hazardous substances, Court/tribunal, Environmental planning, Environmental standards, Institution, Offences/penalties, Sustainable development, Freshwater quality/freshwater pollution, Effluent waste water/discharge Source: FAO, FAOLEX