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Use this function to compare the design elements and characteristics of up to three ETSs from around the world.
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Official name of scheme
Canada - Québec Cap-and-Trade System
ETS Status
in force
Jurisdictions
Québec
Start of operation (year)
2013
Sectoral coverage
Transport
Buildings
Industry
Power
Allocation
Free allocation: Benchmarking, Auctioning
Offsets and credits
Domestic
Cap
51.6 MtCO2e (2024)
GHGs covered
CO2, CH4, N2O, SF6, HFCs, PFCs, NF3
Average auction price
CAD 44.46 (USD 32.93)
Average secondary market price
CAD 45.57 (USD 33.76)
Total revenue since beginning
CAD 8,419.1 billion (USD 6,463 billion)
Total revenue
CAD 1,419.3 billion (USD 1,051.4 billion)