Quebec

The California Air Resources Board’s most recent quarterly cap-and-trade auction was the first to result in only a fraction of available permits sold. Detractors used the weak auction results to highlight the program’s uncertain future, whereas advocates touted the state’s success in cutting carbon emissions quicker than expected. To CARB Chair Mary Nichols, who has overseen the leadership of the program since its inception, the auction showed that industries were keeping a lid on carbon emissions rather than buying permits to emit more. Nichols speaks to ongoing efforts to extend California’s carbon cap-and-trade system, and to expand the model to other states. Nichols also addresses the historic enforcement action and settlement with Volkswagen, which CARB led on negotiating.

David Heurtel is Québec’s first Minister of Sustainable Development, Environment, and the Fight Against Climate Change. After over a year of overseeing this comprehensive mission, Heurtel spoke with VX News about the growing movement of subnational entities collaborating across countries in order to build an international green economy. In particular, he comments on the thriving cap-and-trade relationship between Québec and California that accommodates the needs of the two very different regions, as well as lessons learned about how to implement a successful cap-and-trade system. He also explains why in Québec, environmental action transcends politics.