Lexpert quotes Montréal lawyer Pierre-Olivier Charlebois in an article on régulation forcing compagnies to slash GHG emissions.
Québec is the only large province to have significantly reduced its GHG emissions below 1990 levels. “Québec is a leader in climate initiatives in Canada,” says Pierre-Olivier Charlebois, a partner at Fasken Martineau DuMoulin LLP in Montréal.
“For many years, there was a voluntary carbon market in Québec, but not many companies were participating,” says Charlebois. “Now, with the big emitters regulated, over 100 companies participate in the carbon market.”