http://www.ens-newswire.com/ - Jan 2, 2012 3:30:40 AM - Dec 3, 2004 8:07:09 AM
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Quebec Establishes Greenhouse Gas Cap-and-Trade Regime MONTREAL, Quebec, Canada, December 15, 2011 (ENS) - The province of Quebec has adopted a regulation establishing a cap-and-trade system for greenhouse gas emission allowances in an effort to help control climate change. Based on the rules established by the Western Climate Initiative, Quebec's cap-and-trade system is expected to help the province achieve its greenhouse gas reduction target of 20 percent below 1990 levels by 2020. The move comes in the same week that the Canadian government announced it would use its "legal right" to withdraw Canada from the Kyoto Protocol.
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