Quebec

Supreme Court of Canada Grants Leave to Appeal in Churchill Falls Contract Dispute

On April 20, 2017, the Supreme Court of Canada (SCC) granted leave to appeal to Churchill Falls (Labrador) Corporation Limited (CFLCo) against Hydro-Quebec in a case challenging the pricing for a 65-year power purchase agreement signed by the parties in 1969. As we described in an earlier post, CFLCo argued at trial that the long-term […]

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Challenge to California’s Cap and Trade Program Dismissed By Appeal Court

On April 6, 2017, the California Court of Appeal for the Third Appellate District issued a decision dismissing an appeal of a lower court decision that had upheld the constitutionality of California’s Cap and Trade Program. The Court of Appeal’s decision means that the Cap and Trade Program will continue under the current legislation. The […]

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A Return to Poor Results in the Latest California/Quebec Carbon Credit Auction

On March 1, 2017, the Quebec and California governments announced the results of the tenth Cap and Trade System Joint Auction. The results show that very few of the available greenhouse gas allowances (credits) offered for sale were purchased (around 16.5%). This is a huge decline from the prior auction where around 90% of available […]

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Stronger Results in Recent California/Quebec Carbon Credit Auction

On November 22, 2016, the Quebec and California governments announced the results of the ninth Cap and Trade System Joint Auction. The results show most of the available greenhouse gas allowances (credits) offered for sale were purchased (almost 90%). This is a significant improvement from the most recent auctions (described in earlier posts, here and […]

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Ontario to Purchase Hydroelectricity From Quebec to Replace Gas-Fired Generation

On October 21, 2016, Premier Wynne announced that Ontario and Quebec have finalized an agreement for trading electricity, energy capacity and energy storage. This agreement follows the Memorandum of Understanding that the provinces had signed in 2014 to exchange electricity capacity and reduce Greenhouse Gas (GHG) emissions. Under the new agreement, Ontario has agreed to […]

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