Joint California-Québec Public Workshop: Potential Amendments to the Cap-and-Trade Regulation: June 14, 2023
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The California Air Resources Board (CARB) and the Québec Ministère de l’Environnement, de la Lutte contre les changements climatiques, de la Faune et des Parcs (Québec Ministry of the Environment, the Fight against Climate Change, and of Wildlife and Parks) invites interested parties to submit comments and participate in a public workshop on potential updates to the linked California Cap-and-Trade Program and Québec Cap-and-Trade System. The Cap-and-Trade Regulation establishes a declining limit on major sources of GHG emissions throughout California, and it creates a powerful economic incentive for significant investment in cleaner, more efficient technologies. The regulation is one of the measures adopted by CARB, pursuant to Health and Safety Code Sections 38500-38599 (AB 32) to reduce California’s greenhouse gas emissions and advance the State’s climate goals.
This workshop is on potential updates to the linked California Cap-and-Trade Program and Québec Cap-and-Trade System. CARB staff will present on the status of the Cap-and-Trade Regulation, scope of potential updates, and evaluations to inform potential regulatory amendments to align with the 2022 Scoping Plan Update.
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