QUÉBEC, July 26,
2024 /CNW/ - The ministère de l'Environnement,
de la Lutte contre les changements climatiques, de la Faune et des
Parcs (MELCCFP) announced today that a sale by mutual agreement
will be held on September 26, 2024.
This sale, as provided for in the Regulation respecting a
cap-and-trade system for greenhouse gas emission allowances, is
meant to offer an additional alternative to emitters who might
otherwise experience difficulty in obtaining necessary emission
units to meet their compliance requirements to do so.
Within the carbon market, companies subject to the cap-and-trade
system must acquire an amount of emission allowances to cover their
emissions before the end of each compliance period. For the
2021-2023 compliance period, these companies have until
November 1st, 2024 to
submit admissible allowances required to cover their GHG
emissions.
The publication of the Sale Notice, which includes the number of
emission units for sale, the price per category, and application
requirements, marks the beginning of the application period. The
application period closes on August 26,
2024.
Associated link:
- The Sale Notice is available on the MELCCFP's website:
https://www.environnement.gouv.qc.ca/changements/carbone/Avis-ventes-gre-gre-en.htm.
Source and
information
Media Relations
Ministère de
l'Environnement, de la Lutte contre les
changements climatiques, de la Faune et des
Parcs
Tel.: 418 521-3991
SOURCE Ministère de l'Environnement, de la Lutte contre les
changements climatiques, de la Faune et des Parcs