ARTICLE · 07 JULY 2015

Greenhouse Gas Emissions: Important Provincial Initiatives

Davies Ward Phillips & Vineberg LLP

Changes to the Québec regulation the Cap-and-Trade System for Greenhouse Gas Emissions Allowances are intended to streamline and strengthen its carbon market and further align it with California's market.

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Québec's Minister of Sustainable Development, Environment and the Fight Against Climate Change and Alberta's Minister of Environment and Parks have both recently announced amendments to provincial regulations on greenhouse gas emissions.

Québec

Changes to the Québec regulation the Cap-and-Trade System for Greenhouse Gas Emissions Allowances are intended to streamline and strengthen its carbon market and further align it with California's market. Regulated emitters were expanded to include all companies distributing fuel of 200 litres or more annually, preventing avoidance of the current 25,000–metric tonne emission threshold. In addition, the proposed amendments will expand the number of offset opportunities and permit recognized financial intermediaries to transact within Québec's market.

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Greenhouse Gas Emissions: Important Provincial Initiatives

Québec

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