QUÉBEC, Nov. 23, 2022 /CNW Telbec/ - The results of the 33rd auction of greenhouse gas (GHG) emission units held on November 16 jointly with the California Air Resources Board (CARB) were released today.
During the sale, 58,020,854 current vintage emission units were sold at $35.62 CA ($26.80 US), and 7,942,750 2025 vintage emission units went for $34.55 CA ($26.00 US). The sale generated in the order of 294 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, de la Lutte contre les changements climatiques, de la Faune et des Parcs
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