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Essay by The Québec Government on Its Cap-and-Trade System and the Western Climate Initiative Regional Carbon Market: Origins, Strengths and Advantages

  • Author(s): Benoit, Jean-Yves;
  • Côté, Claude
  • et al.
Abstract

This essay provides a historical overview of the implementation of the Québec cap-and-trade system, examines the advantages of such a system in tackling greenhouse gas emissions, explains the process leading up to the linking of cap-and-trade systems with California within the partnership of the Western Climate Initiative, and provides an overview of the Québec system.

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