The Made-in-Saskatchewan Climate Change Strategy was introduced in the legislature yesterday by the provincial government.
Saskatchewan's Environment Minister Dustin Duncan introduced the legislation that would make amendments to bill 132, allowing the province to move forward with implementing their climate change strategy.
"Companies will have the option of if they're out of compliance by the performance standard they'll have the ability to pay into a technology that can then be accessed to purchase technology that will help reduce emissions," he said. "The legislation allows for the creation of an offset system for the buying and selling of credits and it allows for government to award best performance credits."
Duncan is hopefully the new standards will help reduce the province's emissions about 10 per cent by 2030.
"First and foremost achievable reductions, one we're looking for actual reductions from facilities across the province," he said. "Two they have to be achievable. I think one of the concerns that we saw from the proposed output-based performance system that the federal government was proposing is really for Saskatchewan industries the reductions were just not achievable."
Once the legislation passes large emitters will be required to register with the province.
Duncan said their hope is to have their climate change strategy in place by January 1, 2019.