On September 14, 2018, the Ministère du Développement durable, de l''Environnement et de la Lutte contre les changements climatiques (MDDELCC) and the California Air Resources Board (CARB) announced that the next joint carbon market auction will be held on November 14, 2018.

 

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 October 15, 2018.

 

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