Ministère de l’Environnement, de la Lutte contre les changements climatiques, de la Faune et des Parcs
Search Quebec.ca
This content is intended for the public covered by the exceptions of the Charter of the French language and its regulations. If you read on, you confirm that you fall within one of these exceptions.
Navigation par thématique
The Ministère

Press release

The Québec-California-Ontario carbon market auction is being held today

Québec, February 21, 2018. – A greenhouse gas emission units auction is being held today. The Ministère du Développement durable, de l’Environnement et de la Lutte contre les changements climatiques (MDDELCC) will hold this auction in conjunction with the California Air Resources Board (CARB) and the Ministry of the Environment and Climate Change of Ontario.
 
The joint auction will take place between 1 p.m. and 4 p.m. EST. In total, 98,215,920 emission units for the Current Auction and 12,427,950 emission units for the Advance Auction (2021 vintage) will be put on sale at a minimum price of $18.34 CAD ($14.53 USD). Bidders from Québec, California and Ontario will be able to submit bids for the purchase of emission units, enabling them to reach their environmental objectives set under their greenhouse gas cap-and-trade system.
                                                                                 
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 February, 28, 2018 on the MDDELCC Web site.
 
Associated link:

The Joint Auction #14 Notice is available at: http://www.mddelcc.gouv.qc.ca/changements/carbone/Emetteurs-participants-en.htm
 
– 30 –

SOURCE :

SOURCE AND INFORMATION :
Media Relations
Ministère du Développement durable, de l'Environnement et de la Lutte contre les changements climatiques
Tel.: 418-521-3991 

 

Retour aux communiqués

Return to the top