Quebec

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First Real Partner for California’s Cap & Trade Program

Quebec takes the plunge with California to swap carbon emissions permits

Asif A. Ali / flickr

Montreal at sunset: Quebec's economy is about one-sixth that of California.

Quebec has emerged as California’s first full-blown partner in the carbon trading program that ramps up later this year. That means that, pending final approval next month, when the two governments issue their first round of greenhouse gas pollution permits in November, industrial buyers will be able to use them both interchangeably. Continue reading