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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 (2023)
CAD 44.46 (USD 32.93)
Average secondary market price (2023)
CAD 45.57 (USD 33.76)
Total revenue since beginning
CAD 8,419.1 billion (USD 6,463 billion)
Total revenue (2023)
CAD 1,419.3 billion (USD 1,051.4 billion)

General Information

Emissions & Targets

Size & Phases

Allowance Allocation & Revenue

Flexibility & Linking

Compliance

Market Regulation

Other Information