Quebec net acquirer of WCI compliance instruments through 2020 -report

Published 00:45 on December 22, 2022  /  Last updated at 11:10 on December 22, 2022  /  Americas, Canada, US  /  No Comments

Quebec retired more of California’s allowances and offsets over an eight-year period in results released on Wednesday of a new accounting mechanism to track compliance instrument transfers between jurisdictions under the WCI-linked carbon market.

Quebec was a net acquirer of carbon allowances and offsets over an eight-year period through 2020 under its WCI-linked carbon market with California, according to a report released Wednesday that showcases a new accounting mechanism to track compliance instrument transfers between jurisdictions.

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