Quebec delays 2019 industrial allowance true-up due to COVID-19

Published 16:09 on July 22, 2020  /  Last updated at 01:24 on July 23, 2020  /  Americas, Canada, US  /  No Comments

Quebec will postpone the distribution of the remaining industrial carbon allocations for the 2019 compliance year as a result of the coronavirus pandemic, but the province will still transfer the allowances well before emitters need to surrender them, according to a notice published Wednesday.

Quebec will postpone the distribution of the remaining industrial carbon allocations for the 2019 compliance year as a result of the coronavirus pandemic, but the province will still transfer the allowances well before emitters need to surrender them, according to a notice published Wednesday.

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