{"id":1611,"date":"2019-03-01T18:15:55","date_gmt":"2019-03-01T18:15:55","guid":{"rendered":"https:\/\/carbonconsultgroup.com\/en\/?p=1611"},"modified":"2023-03-13T20:35:13","modified_gmt":"2023-03-13T20:35:13","slug":"latest-cap-and-trade-auction-brings-in-over-200-m-for-quebec","status":"publish","type":"post","link":"https:\/\/ccgclimat.com\/en\/2019\/03\/01\/latest-cap-and-trade-auction-brings-in-over-200-m-for-quebec\/","title":{"rendered":"Latest Cap-and-Trade auction brings in over 200$ M for Quebec"},"content":{"rendered":"<p>The revenues from the auctions have now surpassed the 3 billion CAD mark for Quebec. Even though Ontario pulled out of the program last year, the WCI cap-and-trade platform seems fairly stable. During this last auction, there was over 20 percent more demand than credits offered. The price now hovers at $20.82 CAD per ton of CO2 equivalent, which is almost twice the entry price back when the market was initiated in 2013 at $10.75 CAD; equivalent to an average of 12 percent annual price increase.<\/p>\n<p>Read the full results of the auction (in French) <a href=\"http:\/\/www.environnement.gouv.qc.ca\/changements\/carbone\/ventes-encheres\/2018-12-21\/resultats20190227.pdf\">here<\/a>.<\/p>\n<p>For more information we invite you to read the <a href=\"https:\/\/www.cbc.ca\/news\/canada\/montreal\/quebec-adds-another-215m-to-coffers-thanks-to-carbon-market-envied-by-europe-1.5036044\">article<\/a> written by Jonathan Montpetit from CBC Montreal.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The revenues from the auctions have now surpassed the 3 billion CAD [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1760,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-1611","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-in-the-news"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/ccgclimat.com\/en\/wp-json\/wp\/v2\/posts\/1611","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ccgclimat.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ccgclimat.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ccgclimat.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ccgclimat.com\/en\/wp-json\/wp\/v2\/comments?post=1611"}],"version-history":[{"count":1,"href":"https:\/\/ccgclimat.com\/en\/wp-json\/wp\/v2\/posts\/1611\/revisions"}],"predecessor-version":[{"id":1763,"href":"https:\/\/ccgclimat.com\/en\/wp-json\/wp\/v2\/posts\/1611\/revisions\/1763"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ccgclimat.com\/en\/wp-json\/wp\/v2\/media\/1760"}],"wp:attachment":[{"href":"https:\/\/ccgclimat.com\/en\/wp-json\/wp\/v2\/media?parent=1611"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ccgclimat.com\/en\/wp-json\/wp\/v2\/categories?post=1611"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ccgclimat.com\/en\/wp-json\/wp\/v2\/tags?post=1611"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}