Today, Québec Premier Philippe Couillard, Ontario Premier Kathleen Wynne and California Governor Edmund G. Brown further strengthened their cooperation in the global fight against climate change.
Premier Couillard hosted Premier Wynne and Governor Brown in Québec City to sign an agreement linking the carbon markets of Québec, Ontario and California.
By signing this agreement to integrate and harmonize emissions cap programs, Ontario will now formally enter the Québec-California carbon market, effective January 1, 2018. This will allow all three governments to hold joint auctions of GHG emission allowances and to harmonize regulations and reporting.
Today’s agreement will accelerate progress on the three governments’ leading work in the global fight against climate change and demonstrates their shared commitment to achieving the objectives of the Paris Agreement as well as the value of governments working together across borders.
Québec, Ontario and California will continue their efforts to promote the role of provincial and state governments on this issue, advocating for the adoption of carbon markets worldwide, including through various international partnerships.