PDCI – Parkway Delivery Commitment Incentive.

QRAM – Quarterly Rate Adjustment Mechanism.

Regulatory Proposal – ECCC Regulatory Proposal for the Output-Based Pricing System Regulations under the Greenhouse Gas Pollution Pricing Act, released on December 20, 2018. 15

tCO2e – Metric tonne of carbon dioxide equivalent. The unit of measure of GHG emissions. A quantity of GHG, expressed in tonnes, is converted into tCO2e by multiplying the quantity by the global warming potential.16

UNION – Union Gas.

VOLUNTARY PARTICIPANT – Entities that emit between 10 ktCO2e and 50 ktCO2e and undertake a primary activity which has an OBS specified may voluntarily register to be part of the OBPS at any point under the FCPP.

15 Available at https://www.canada.ca/content/dam/eccc/documents/pdf/climate-change/pricing- pollution/obps-regulatory-proposal-en.pdf

16 The GGPPA, Column 2, Schedule 3.