This page last reviewed September 19, 2014

Joint Auctions


On January 1, 2014, the California Cap-and-Trade Program and Québec Cap-and-Trade System officially linked, which enabled mutual acceptance of compliance instruments issued by each jurisdiction, and the jurisdictions to hold joint auctions of greenhouse gas (GHG) allowances. 

As part of California’s Cap-and-Trade Program and the Québec Cap-and-Trade System, the California Air Resources Board (ARB) and Québec’s ministère du Développement durable, de l’Environnement et de la Lutte contre les changements climatiques (Ministry of Sustainable Development, Environment and the Fight against Climate Change) (MDDELCC) will hold joint GHG allowance auctions to allow market participants to acquire GHG allowances.  

The first joint GHG allowance auction will be held in November 2014.  Auction notices are posted to the jurisdiction websites 60 days prior to each auction, as called for in the California Cap-and-Trade Program Regulation (California Regulation) and the Government of Québec Regulation respecting a cap-and-trade system for greenhouse gas emission allowances (Québec Regulation).

Joint Auction #1 - November 19, 2014 

The November 2014 joint auction will be held on Wednesday, November 19, 2014, from 10:00 AM to 1:00 PM Pacific Time (PT) / 1:00 PM to 4:00 PM Eastern Time (ET).
Joint Auction Date Joint Auction Materials  Joint Auction Results
November 2014 Joint Auction #1
November 19, 2014

10:00 AM to 1:00 PM (PT) /
1:00 PM to
4:00 PM (ET)

For questions or comments, please contact Chuck Seidler at (916) 324-0931