California and Quebec move to link emissions trading systems

1 May 2012

Source: The New York Times

May 2012: California proposed regulations to allow cross-border trading of greenhouse gas permits– with an eye towards allowing permits from Quebec’s carbon market. It would be the first cross-border carbon trading system created since the European Union introduced its trading system in 2005, and represents a model for further state and regional government collaboration on carbon markets.

[In the next five years] we will have a much larger fabric of states and provinces working together.
Mary Nichols, California Air Resources Board
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