Americas > Quebec government advisory committee calls for cap-and-trade changes to increase cost of carbon

Quebec government advisory committee calls for cap-and-trade changes to increase cost of carbon

Published 23:20 on July 4, 2024  /  Last updated at 23:20 on July 4, 2024  / Allison Gacad /  Americas, Canada, US

The cost of a carbon allowance in Quebec’s carbon market is too low to limit global temperature increase to 2C, a government advisory committee said in a report published Wednesday, as they called for revisions to the province’s cap-and-trade programme to encourage further emissions reductions and increase the cost of carbon.
The cost of a carbon allowance in Quebec’s carbon market is too low to limit global temperature increase to 2C, a government advisory committee said in a report published Wednesday, as they called for revisions to the province’s cap-and-trade programme to encourage further emissions reductions and increase the cost of carbon.


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