In the case of the Specified Gas Emitters Regulation, emissions intensity is emissions per unit of production, where “unit of production” is “the unit of measure of production of the facility” and “production” is the quantity of output or end product produced by the facility. [...] With an understanding of the role of each sector in contributing to emissions and emissions growth, the next section will explain the mechanics of the Specified Gas Emitters Regulation. [...] The baseline emissions intensity for established facilities was defined in the regulation as the average of the facility’s emissions intensity in 2003, 2004 and 2005. [...] A key function of the CCEMC is administration of the technology fund, which is used to provide financial support in the form of government grants to initiatives that either reduce the province’s greenhouse gas emissions or improve the province’s ability to adapt to climate change. [...] With an understanding of how the regulation operates and of the emissions-reduction incentives it creates, we now explore the effectiveness of the regulation in the next two sections.