Dec. 7: MB, ON and QC Agree to Join Cap-and-Trade Systems
MB, ON and QC signed an agreement at the climate change conference in Paris to link their cap-and-trade systems. Under the Western Climate Initiative, the three provinces’ systems will be linked with California’s. Quebec already has an active cap-and-trade market with California. Ontario plans to introduce its system in 2017, while Manitoba just announced plans to introduce a cap-and-trade program for 20 large emitters.