Sustainable Business News (SBIZ)
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Category: Finance

Québec receives $371M from Nov. cap-and-trade auction

Nicholas Sokic Finance Technology International Dec. 2 2021

The Province of Québec has received $371 million in revenue from the 29th auction of greenhouse gas emission units recently held jointly by the Ministère de l’Environnement et de la Lutte contre les changements climatiques and the California Air Resources

BMO becomes the first bank to pre-purchase carbon removal units

Nicholas Sokic Finance Sustainability International Nov. 30 2021

BMO Financial Group became the first bank to pre-purchase the permanent removal of 1,000 tonnes of carbon dioxide using Direct Air Capture (DAC) technology. The purchase was made possible via the London-based climate asset and liability management solutions firm BeZero

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