Regulation respecting a cap-and-trade system for greenhouse gas emission allowances (RRQ, c Q-2, r 15.1).

The present Regulation is made under the Environment Quality Act (R.S.Q. c. Q. 2). In particular, the object of the Regulation is to set rules for the operation of the cap-and-trade system for greenhouse gas emission allowances established pursuant to section 46.5 of the Environment Quality Act (R.S.Q., c. Q-2). For that purpose, it determines which emitters are required to cover their emissions, the terms and conditions for registering for the system, the emission allowances that can be validly used, the terms and conditions for the issue, use and trading of emission allowances, and the information that must be provided by emitters and other participants in the system. The text consists of 76 sections divided into 4 titles as follows: General (I); Cap-and-trade system for greenhouse gas emission allowances (II); Emission allowances (III); Offences and final provisions (IV). Three Annexes are enclosed.