Quebec's Cap-and-trade system

In 2015, Ontario announced that it will be joining the cap-and-trade system that includes Quebec and California.

Quebec's cap-and-trade system formally started operating on January 1, 2013. The following year, Québec linked its system with that of California, thus creating the largest carbon market in North America. 

Several of the design elements of the existing Quebec-California cap-and-trade system will become part of Ontario's cap-and-trade system. So, getting to know these elements will help understand Ontario's system when it is announced. To this end, Price Carbon Now! has developed a primer on the Quebec cap-and-trade system.

Price Carbon Now! primer on Quebec's cap-and-trade system: