Three Jurisdictions, One Carbon Price: Inside the Washington-California-Québec Cap-and-Trade Linkage 
Energy / Environment

Three Jurisdictions, One Carbon Price: Inside the Washington-California-Québec Cap-and-Trade Linkage 

Executive Summary  Introduction  On June 25, 2026, officials from Washington, California, and Québec signed an agreement to merge their cap-and-trade systems. Once linkage takes effect, which is expected in 2027, the shared carbon market will cover roughly 75 percent of greenhouse gas emissions of two large U.S. states and one Canadian province. A covered business … Continue reading