Le Lézard
Classified in: Environment, Business
Subjects: FOR, ENI, ENP, CPG

Results of the August 14, 2018 Québec-California Carbon Market Joint Auction


QUÉBEC, Aug. 21, 2018 /CNW Telbec/ - The results of the August 14, 2018 greenhouse gas (GHG) emission units auction held jointly with the California Air Resources Board (CARB) were made public today.

During the sale, 79,421,265 current vintage emission units were sold at $19.77 CA ($15.05 US), and 9,401,500 2021 vintage emission units went for $19.57 CA ($14.90 US). The sale generated in the order of 215 million Canadian dollars in revenue for Québec. This entire amount will be paid into the Green Fund to finance the measures contained in the 2013-2020 Climate Change Action Plan, for the benefit of Québec society.

Quick facts:

Associated link:

The summary of the August 14, 2018 auction results is available on the MDDELCC website at: http://www.mddelcc.gouv.qc.ca/changements/carbone/avis-resultats-en.htm

Source and information :

Media Relations
Ministère du Développement durable,
de l'Environnement et de la Lutte contre
les changements climatiques
Tel.: 418 521-3991
https://twitter.com/MDDELCC
https://www.facebook.com/MDDELCC

 

SOURCE Ministère du Développement durable, de l'Environnement et de la Lutte contre les changements climatiques


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