Overview of Quebec’s Initiatives and Directions

November 14th, 2007

Exploring the Challenges and Opportunities for Establishing a North Anerican

Emissions Trading System

Jean-Yves BenoitEconomistClimate Change Office

- 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

- 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

- 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

- 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)

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/