We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Ontario To Join California And Quebec's Carbon Market

Law360, San Francisco (September 22, 2017, 6:57 PM EDT) -- Ontario has entered an agreement to join California and Quebec in their cap-and-trade market run by nonprofit Western Climate Initiative Inc., with the goal of reducing greenhouse gas emissions, the Ontario government announced Friday.

Under the agreement, which goes into effect Jan. 1, Ontario will formally enter Quebec and California’s carbon market, and companies participating in the market will then be able to use carbon allowances issued by any of the three governments interchangeably. Participants will also be able to hold carbon auctions where they sell...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.