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Overview of Quebec ’s Initiatives and Directions November 14 th , 2007

Exploring the Challenges and Opportunities for Establishing a North Anerican Emissions Trading System. Overview of Quebec ’s Initiatives and Directions November 14 th , 2007. Jean-Yves Benoit Economist Climate Change Office. - Context -.

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Overview of Quebec ’s Initiatives and Directions November 14 th , 2007

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  1. Exploring the Challenges and Opportunities for Establishing a North Anerican Emissions Trading System Overview of Quebec’s Initiatives and Directions November 14th, 2007 Jean-Yves Benoit Economist Climate Change Office

  2. - Context - • Quebec’s emissions increased by 6,6 % during the 1990 to 2003 period – from 85,3 Mt to 90,9 Mt • Lowest emission increase in Canada (6.6 % vs. 24.1%) • Lowest per capita emission rate (12.1 tons vs. 26,9 tons for the rest of Canada) • 94 % of Quebec’s electricity comes from renewable sources (hydro) • Industrial sector reduced its emissions by approximately 7 % between 1990 and 2003 while the LFE reduced their emissions by more than 9% • Mandatory capture and flaring of biogaz in large landfill sites since 1994

  3. - Quebec’s initiatives - • Quebec Public Transit Policy - 2006 • Increase demand by 8% by 2012 • Quebec 2006-2015 Energy Strategy • 10% wind power by 2015 (4 000 MW) • Add 4 500 MW of hydro power • Energy saving targets of  3 million TOE by 2015: • 350 million cubic meters of natural nas by 2012 • 2 millions TOE of petrolium products (10% of Québec’s consumption) • 8 TWh of electricity • 5 % second generation gthanol in all gasoline by 2012

  4. - Quebec’s initiatives - • Quebec 2006-2012 Climate Change Action Plan (CCAP) • Target: reduce GHG emissions by 10 Mt by 2012 • Carbon Levy • 1,2 billion dollars (200 M$ per years for six years) to finance Quebec’s CCAP • Canada’s ecoTrust for air quality and climate change • 350 M$ (one time) federal contribution to Quebec • Will permit an additional 3,8 Mt GHG reduction in 2012 • Quebec’s emissions to be 6% below 1990 by 2012

  5. - Quebec and the Carbon Market - • GHG emissions inventory since 1989 and mandatory declaration (2007) • Volontary approach with the LFE under evaluation • Regional initiatives : • Observer on the RGGI and the WCI • Member of The Climate Registry since October • Design aspects Quebec is looking for : • Recognition of early actions • Promote the development and recognize renewable energy (large hydro and wind) • Should not penalize or discourage regional environmental regulation • Montreal Climate Exchange (MCeX)

  6. Merci Site Internet de la campagne de sensibilisation « Le changement climatique : vous pouvez le maîtriser » de la Communauté européenne http://ec.europa.eu/environment/climat/campaign/

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