Carbon Market: Québec and California Hold 32nd Joint Auction of Greenhouse Gas Emission Units Today
QUÉBEC, Aug. 17, 2022 /CNW Telbec/ - A greenhouse gas emission units auction is being held today. The Ministère de l'Environnement et de la Lutte contre les changements climatiques (MELCC) will hold this auction in conjunction with the California Air Resources Board (CARB).
The joint auction will take place between 1 p.m. and 4 p.m. ET. In total, 56,956,085 emission units for the Current Auction and 7,942,750 emission units for the Advance Auction (2025 vintage) will be put on sale at a minimum price of $25.35 CAD ($19.70 USD). Bidders from Québec and California will be able to submit bids for the purchase of emission units, enabling them to reach their environmental objectives set under their respective greenhouse gas cap-and-trade systems.
Quick fact:
The results of the auction (the quantity of emission units sold and final prices) and the identities of participating bidders will be posted on August 24, 2022 on the MELCC Web site.
Sexton Lawn & Landscapes is thrilled to announce the appointment of Brooks Breland as the leading Lawn and Plant Health Expert. In this role, Breland will...
Superior Arbor Management, Inc (SAM) tree services, a leading tree care and maintenance company renowned for its dedication to preserving and enhancing the natural beauty of landscapes, is proud to announce its newest service offering: professional...
JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") , one of the largest and most innovative solar module manufacturers in the world, today provided information on a fire accident that occurred at one of its silicon wafer slicing and solar...
A news report from CRI Online:
In August 2023, the United Nations General Assembly (UNGA) adopted the resolution "International Decade of Sciences for Sustainable Development 2024-2033" (Sciences Decade). This resolution offers a distinctive...