Partner entities
(1) State of California
The emission allowances issued by the State of California pursuant to the document California Cap on Greenhouse Gas Emissions and Market-Based Compliance Mechanisms, Title 17, California Code of Regulations, Sections 95800 and seq. are deemed to be equivalent to the emission allowances issued pursuant to this Regulation, based on the correspondence indicated in the following table for each type of emission allowance:
_________________________________________________________________________________
| | | |
| | Québec | California |
|___________________________|__________________________|__________________________|
| | | |
| Types of emission | Emission unit | California Greenhouse |
| allowance (each having |__________________________| Gas Emissions |
| a value corresponding | | Allowance (CA GHG |
| to 1 metric tonne | Early reduction credot | Allowance) |
| CO2 equivalent) |__________________________|__________________________|
| | | |
| | Offset credit | - ARB Offset Credit |
| | | |
| | | - Early Action Offset |
| | | Credit |
|___________________________|__________________________|__________________________|
(2) Province of Ontario
The emission allowances issued by the Province of Ontario pursuant to the document O. Reg. 144/16: The Cap and Trade Program, are deemed to be equivalent to the emission allowances issued pursuant to this Regulation, based on the correspondence indicated in the following table for each type of emission allowance:
| Québec | Ontario |
Types of emission allowance (each having a value corresponding to 1 metric tonne CO2 equivalent) | Emission unit | Ontario emission allowance |
Early reduction credit | Ontario early reduction credit |
Offset credit | Ontario offset credit |