QUÉBEC, May 27, 2021 /CNW/ - The results of the 27th auction of greenhouse gas (GHG) emission units held on May 19 jointly with the California Air Resources Board (CARB) were released today.
During the sale, 71,647,138 current vintage emission units were sold at $22.66 CA ($18.80 US), and 8,306,250 2024 vintage emission units went for $22.95 CA ($19.04 US). The sale generated in the order of 250 million Canadian dollars in revenue for Québec. This entire amount will be paid into the Electrification and Climate Change Fund to finance the measures contained in the 2030 Plan for a green economy.
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SOURCE Ministère de l'Environnement et de la Lutte contre les changements climatiques
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