On December 1, 2009, an amended version of The Management and Reduction of Greenhouse Gases Act (the “Saskatchewan Act”) was re-introduced to the Assembly as Bill No. 126 (previously Bill No. 95). The two major amendments were as follows:
- Performance agreements. These agreements are permitted to be set up between regulated emitters and the government, and potentially with non-regulated entities, to account for reductions of greenhouse gas emissions in sectors that are not currently covered by the Saskatchewan Act. Regulations will determine the circumstances in which, and the purposes for which, the government may enter into performance agreements.
- The Saskatchewan Act incorporates an environmental code, to establish standards and guidelines as part of what the government refers to as a results-based regulatory system. The contents of the code will be defined by regulation.