Good news for shareholders of Zenyatta Ventures. Cheers, Fluffy the Cat

"—Ontario’s cap-and-trade system aimed at lowering greenhouse gas emissions begins in earnest March 22 with its first auction, which other provinces said they will be watching closely as they consider their own carbon pricing plans.The provincial Liberal government hopes the auction—held every three months—will bring in $1.9 billion a year, or $8 billion by the end of 2020, to be invested in programs that reduce emissions and help businesses and consumers adapt to a low-carbon economy.

Under the plan, businesses will have limits—or caps—on the amount of pollution they can emit. Companies that exceed those limits, which will be reduced each year, can buy permits or allowances through auctions or from other companies that come in under their limits."