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Canada to Start Emissions Trading in 2012, Point Carbon Says

By Mathew Carr

April 9 (Bloomberg) -- Canada will probably start a system for trading greenhouse-gas credits in 2012, Point Carbon reported, citing Carbon Capital Management Chief Executive Officer Errick Willis.

The nation will start a related domestic offset program by next year, the Oslo-based research firm and news service said yesterday on its Web site.

Willis said at a conference in Washington yesterday the U.S. isn’t interested in joining a program with Canada and prefers instead to concentrate on its own system, according to the report.

To contact the reporter on this story: Mathew Carr in London at m.carr@bloomberg.net

Last Updated: April 9, 2009 08:25 EDT

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