Regulatory Affairs
July 4, 2019

Québec and California to hold joint cap-and-trade emissions units auction on August 20, 2019

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The Ministère de l'Environnement et de la Lutte contre les changements climatiques (MELCC) and the California Air Ressources Board (CARB) announced that the next joint carbon market auction will be held on August 20, 2019.

The publication of the Auction Notice, which includes the number of emissions units for sale, minimum prices and application requirements, marks the beginning of the application period. The application period closes on July 22, 2019.

For more information on Québec’s cap and trade program, visit the MELCC website.


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