Canada NewsWire
QUÉBEC, May 22, 2024
QUÉBEC, May 22, 2024 /CNW/ - A greenhouse gas emission units auction is being held today. The Ministère de l'Environnement, de la Lutte contre les changements climatiques, de la Faune et des Parcs (MELCCFP) hold this auction in conjunction with the California Air Resources Board (CARB).
The joint auction will take place between 1 p.m. and 4 p.m. ET. In total,
51 589 488 emission units for the Current Auction and 7 211 000 emission units for the Advance Auction (2027 vintage) will be put on sale at a minimum price of 32,81 CAD (24,04 USD). Bidders from Québec and California will be able to submit bids for the purchase of emission units, enabling them to reach their environmental objectives set under their respective greenhouse gas cap-and-trade systems.
Media Relations
Ministère de l'Environnement,
de la Lutte contre les changements climatiques,
de la Faune et des Parcs
Tél. : 418 521-3991
SOURCE Ministère de l'Environnement, de la Lutte contre les changements climatiques, de la Faune et des Parcs
View original content: http://www.newswire.ca/en/releases/archive/May2024/22/c3750.html