The Government of Québec
Québec is well known in North America for its bold policies in tackling climate change. These include an objective to reduce GHG emissions by 25 per cent below 1990 levels by 2020 either within its territory or abroad.
This target must be seen in the context that 97 per cent of Quebec’s electricity production and 50 per cent of its energy consumption already come from renewable energy sources, mainly hydro. Quebec’s primary GHG reduction challenge thus consists in reducing its consumption of imported fossil fuels, mainly in the transportation sector, which amounts to 43 per cent of overall GHG emissions. In a state as vast as Québec, this is no small feat.
To meet this major challenge, the government has implemented a cap-and-trade system for GHG emission allowances that has been linked, since 1 January, 2014, with California’s system, thus creating the largest carbon market in North America as well the first transnational market led by subnational governments. All of the revenues generated by the auction sales of allowances, estimated at more than 3 billions dollars by 2020, will be invested in mitigation and adaptation measures in Québec.
The government also launched a number of comprehensive policies to reduce Québec’s carbon footprint. Among these is the Transportation Electrification Strategy which aims at positioning Québec as a world leader in this rapidly growing field. With its surpluses of clean, inexpensive energy, a good number of manufacturers and research institutions already active in this sector, a highly skilled workforce, and an open access to the North American market, Quebec is well placed to achieve this goal!
06 December 2013 | North America, Carbon management, Policy & Legislation
The Minister of Sustainable Development, Environment, Wildlife and Parks, Yves-François Blanchet, today announced the results of the Québec carbon market’s first auction of greenhouse gas emission units
22 November 2013 | North America, Carbon management, Policy & Legislation, Conference of the Parties
Québec’s carbon market and its linkage with California’s market generated considerable interest in the international community at COP19
05 November 2013 | North America, Carbon management, Policy & Legislation
Minister of Sustainable Development, Environment, Wildlife and Parks, Yves-François Blanchet, and the Minister of International Relations, La Francophonie and External Trade, Jean-François Lisée announce Agreement between the Government of Québec and the California Air Resources Board Concerning the Harmonization and Integration of Cap-and-Trade Programs for Reducing Greenhouse Gas Emissions
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Électrification des transports
La première ministre annonce la réalisation de Cité Mobilité à Montréal, une première en Amérique du Nord
Québec’s mitigation ambitions leading to bold policies
Québec is well known for its vast territory and abundant water resources which have enabled it to develop its extensive renewable energy potential. Today, with 97 per cent of its electricity production coming from hydraulic and wind energy, this French-speaking State in North America boasts one of the world’s best energy track records.
“Emissions Trading Schemes Worldwide: Where do we stand, what lies ahead?”
Draft Speech for the Minister of Sustainable Development, Environment, Wildlife and Parks, Yves-François Blanchet - “Emissions Trading Schemes Worldwide: Where do we stand, what lies ahead?” – an event organized by the International Carbon Action Partnership (ICAP), November 19, 2013 - Warsaw, Poland