New - The sale of greenhouse gas emission rights units took place on December 3rd, between 1 and 4 p.m. The results of this auction will be posted on this Web site at noon on December 6th! (2013-12-03)
Agreement between the Gouvernement du Québec and the California Air Resources Board concerning the harmonization and integration of cap-and-trade programs for reducing greenhouse gas emissions— Ratification (2013-12-04)
Publication of a notice concerning the quantity of free emission right units allotted in 2013 and the list of beneficiary emitters (French - 2013-11-30)
A new era in Québec’s fight against climate change dawned on January 1, 2013, when the first compliance period for Québec’s Cap-and-trade System for Greenhouse Gas Emissions Allowances (C&T system) got under way. Québec has thus become one of the carbon market pioneers of the Western Climate Initiative (WCI).
Going forward, businesses subject to the Regulation respecting a cap‑and‑trade system for greenhouse gas emission allowances must take carbon costs into consideration when making decisions.
The C&T system constitutes the Government of Québec’s primary strategic tool for fighting climate change, and it is funding the 2013–2020 Climate Change Action Plan.
The Québec Cap-and-Trade System – Click here to learn more about Québec’s efforts to inaugurate a province-wide GHG emission allowances C&T system, view related regulations, or understand how it operates and what its compliance periods are.
Emitters and Participants - This section focuses on businesses subject to the Regulation respecting a cap‑and‑trade system for greenhouse gas emission allowances as well as participants who wish to take part in carbon market activities. It contains information on: