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Environment Minister Glen Murray is pictured on Dec. 12, 2013. Ontario’s first auction under its controversial cap-and-trade system sold all its offering of 2017 permits, yielding the province more than $472-million that will be used to finance programs aimed at reducing greenhouse gas emissions and adapting to climate change, Mr. Murray announced Monday. (Fred Lum/The Globe and Mail)
Environment Minister Glen Murray is pictured on Dec. 12, 2013. Ontario’s first auction under its controversial cap-and-trade system sold all its offering of 2017 permits, yielding the province more than $472-million that will be used to finance programs aimed at reducing greenhouse gas emissions and adapting to climate change, Mr. Murray announced Monday. (Fred Lum/The Globe and Mail)

Cap-and-trade auction in Ontario yields $472-million Add to ...

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Ontario’s first auction under its controversial cap-and-trade system sold all its offering of 2017 permits, yielding the province more than $472-million that will be used to finance programs aimed at reducing greenhouse gas emissions and adapting to climate change, Environment Minister Glen Murray announced Monday.

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