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ARTICLE · 04 OCTOBER 2023

Understanding Québec's Cap-And-Trade System For Carbon

On January 1, 2012, the Regulation respecting a cap-and-trade system for greenhouse gas emission allowances1 came into force, establishing Québec's Cap-and-Trade (C&T) system ...

CanadaEnergy and Natural Resources

On January 1, 2012, the Regulation respecting a cap-and-trade system for greenhouse gas emission allowances 1 came into force, establishing Québec's Cap-and-Trade (C&T) system for regulating greenhouse gas (GHG) emission allowances. This C&T system is the result of years of work between the Government of Québec and its partners as part of the Western Climate Initiative (WCI). The WCI was subsequently incorporated as a non-profit entity (WCI Inc.) to manage the Compliance Instrument Tracking System Service (CITSS). CITSS is the platform on which emitters must register to participate in the C&T system (as a regulated emitter), and where participants can buy and sell GHG emission allowances.

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