2026 Annual Auction Reserve Price Notice Issued on December 1, 2025

Summary

California and Québec jointly operate a cap-and-trade system to reduce greenhouse gas emissions. This document provides the operational details for their 2026 joint quarterly auctions, specifying the minimum reserve prices and the quantity of allowances to be offered for sale. The system is currently in progress, with these details planning for future emissions trading activities.

Key Facts

Source Document

https://example-government.gov/policy-document-link