Q-2, r. 46.1 - Regulation respecting a cap-and-trade system for greenhouse gas emission allowances

Section 70.2 Disposition versions

2021-07-15

70.2. A promoter must file with the Minister an issuance request for offset credits for the first reporting period for a project, established in accordance with the ministerial regulation that is applicable to the project not later than 6 months following the end of that period.

The promoter may then file with the Minister an issuance request for offset credits for up to three continuous reporting periods included within the same eligibility period. The request must be filed not later than 6 months following the end of the last reporting period covered by the request.

When the eligibility period for a project is renewed, the promoter must file with the Minister an issuance request for the first reporting period in the new eligibility period, established in accordance with the ministerial regulation that is applicable to the project, not later than 6 months after the end of that reporting period. The second paragraph applies to subsequent requests for the issuance of offset credits.

O.C. 1184-2012, s. 45; O.C. 902-2014, s. 40; O.C. 1125-2017, s. 37; O.C. 824-2021, s. 4.

2017-11-29

70.2. GHG emission reduction projects referred to in a protocol appearing in Appendix D, that began on or after 1 January 2007, are eligible for the issue of offset credits.

Only projects implemented in Québec are eligible for the issue of offset credits under the first paragraph, except if otherwise provided for in a protocol.

Subject to any specific period provided for in a protocol, an offset credit project must be conducted during a period of not more than 10 consecutive years. The period constitutes, for the purposes of this Chapter, a crediting period for the issue of offset credits, also called a “crediting period”, during which the project remains eligible until the expiry of the period.

At the expiry of that period, the promoter may, in accordance with this Chapter, request the renewal of the offset credit project, for the period applicable to this type of project, when the project still meets the conditions of section 70.3.

For the purposes of this Chapter, an offset credit project is considered to begin on the date of the first reductions in GHG emissions resulting from the project.

O.C. 1184-2012, s. 45; O.C. 902-2014, s. 40; O.C. 1125-2017, s. 37.

2014-10-22

70.2. GHG emission reduction projects referred to in a protocol appearing in Appendix D, that began on or after 1 January 2007, are eligible for the issue of offset credits.

Subject to any specific period provided for in a protocol, an offset credit project may be conducted during a continuous period of not more than 10 years.

At the expiry of that period, the promoter may, in accordance with this Chapter, request the renewal of the offset credit project, for the period applicable to this type of project, when the project still meets the conditions of section 70.3.

For the purposes of this Chapter, an offset credit project is considered to begin on the date of the first reductions in GHG emissions resulting from the project.

O.C. 1184-2012, s. 45; O.C. 902-2014, s. 40.

2012-12-19

70.2. GHG emission reduction projects referred to in a protocol appearing in Appendix D, that began on or after 1 January 2007, are eligible for the issue of offset credits.

Subject to any specific period provided for in a protocol, an offset credit project may be conducted during a continuous period of not more than 10 years.

At the expiry of that period, the promoter may, in accordance with this Chapter, request the renewal of the offset credit project, for the same period as the initial period, when the project still meets the conditions of section 70.3.

For the purposes of this Chapter, an offset credit project is considered to begin on the date of the first reductions in GHG emissions resulting from the project.

O.C. 1184-2012, s. 45.