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

Article 61.3 Versions de la disposition

2021-01-01

61.3. When all Category A reserve emission units have been awarded and the total of the remaining offers to purchase Category B and C units is in excess of the quantity of Category B reserve emission units available, the Minister allocates the emission units

1°  by establishing the share of each purchaser by dividing the quantity of emission units requested in their offer to purchase that has not been met by Category A reserve emission units by the total of the offers to purchase that have not been met by units in that category;

2°  by determining the number of Category B emission units to be assigned to each purchaser by multiplying each purchaser’s share by the quantity of emission units available in that category, rounding down to the nearest whole number; and

3°  when Category B emission units remain to be awarded, by assigning a random number to each purchaser and by awarding 1 emission unit per purchaser, in ascending order of the numbers assigned, until all the emission units have been awarded.

D. 1288-2020, s. 14.