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newsrel -- Air Resources Board Chairman Mary D. Nichols congratulates Quebec on first carbon allowance auction

Posted: 06 Dec 2013 12:14:26
Please consider the following news release from the California
Air Resources Board:
http://www.arb.ca.gov/newsrel/newsrelease.php?id=552
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FOR IMMEDIATE RELEASE

December 6, 2013

NEWS RELEASE 13-78

CONTACT:

Dave Clegern
(916) 322-2990
dclegern@arb.ca.gov

Canadian cap-and-trade program to link with California’s in 2014

Sacramento— Air Resources Board Chairman released the following
statement in response to today’s release of results from the
first cap-and-trade allowance auction help by the Canadian
Province of Quebec:

"We are pleased that the first cap and trade auction of Quebec
allowances was completed successfully,” Said Chairman Nichols.
“It reflects the hard work Quebec invested in developing a
rigorous cap-and-trade program, and the careful construction of
an effective auction platform.  California and Quebec can now
move forward to fully link our programs in the New Year, and work
together to show our respective nations, and the world, how
states and provinces can work together to reduce greenhouse gases
and fight climate change."

California and Quebec are scheduled to link their cap-and-trade
programs January 1, 2014. A joint auction is expected later in
the year.

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