The Ontario Road Builders’ Association (ORBA) commissioned research from Dawson Strategic on the impact the province’s new cap and trade system will have for the road building industry. The report highlights that while the industry is unlikely to be directly subjected to the emissions cap, important indirect impacts are expected in the form of fuel cost increases. Don Wall for the Daily Commercial News covered this report in an article on June 3, 2016.
The report, written by Dawson Strategic Managing Director Jeffrey Phillips and independent consultant Rene Drolet entitled The Road Ahead, Assessing the Impact of Cap and Trade for Ontario’s Transportation Infrastructure Industry, was submitted to ORBA in May 2016.
The report examines the impacts of Ontario’s forthcoming cap and trade system on ORBA member companies. The cap and trade system was first announced by Ontario Premier Kathleen Wynne in April 2015 and the expected start date is January 1, 2017.
While the industry may face additional costs in the years to come, there will also be new opportunities to leverage proactive greenhouse gas (GHG) reduction initiatives. The road building industry understands that what is good for the environment can also be good for the bottom-line. Overall, it was a positive report in the eyes of ORBA executive director Geoff Wilkinson: “It is good news for ORBA members, and it’s good for them to know what’s coming,” said Wilkinson.
For more information please see the full article by Don Wall in the Daily Commercial News available at: http://dailycommercialnews.com/Associations/News/2016/6/ORBA-members-spared-direct-cap-and-trade-hit-report-1016318W/.