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ClimatEnerGeopolitics
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Carbon Market: Results of November 17th Auction held between Québec and CaliforniaDuring the sale, 56,366,432 current vintage emission units were sold at $22.15 CA ($16.93 US), and 8,672,250 2023 vintage emission units went for $22.70 CA ($17.35 US). The sale generated in the order of 247 million Canadian dollars
in revenue for Québec. This entire amount will be paid into the
Electrification and Climate Change Fund to finance the measures
contained in the 2030 Plan for a green economy as well as ongoing
commitments made under the 2013-2020 Climate Change Action Plan. You want to know why Quebec wants to go full EV. Not to save the planet. To collect more credits to sell. This also shows the shell game Calf is playing when they claim CO2 reduction. They leave out the part that it was Que CO2. |
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