Québec's cap-and-trade system: Emitters cautiously testing the waters

Kazaz, Charles; Boucher, Anne-Catherine
May 2014
Trends (15339556);May/Jun2014, Vol. 45 Issue 5, p2
The article discusses the implementation of cap-and-trade system within the North American carbon market as part of Québec's Climate Change Action Plan. The province has been actively drafting policies and legislative efforts to control greenhouse gas (GHG) emissions. Under the Cap-and-Trade Regulation, regulated emitters are required to cover their total reported GHG emissions with an equivalent number of compliance instruments or emission allowances in circulation on an annual basis.


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