Quebec finalized amendments December 13 to its GHG cap and trade program to harmonize it with California’s system and future partners elsewhere. The amendments clear the way for the province to participate fully in the development of a North American carbon market through the Western Climate Initiative. The regulation, adopted last December and going into effect January 1, applies to industrial facilities emitting 25,000 MT/CO2e/year. Additionally, requirements will apply to companies that import or distribute fuels in the transportation and building sectors that emit that amount by 2015.
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