This session will begin with an update on the decarbonization of major industries. Four industry experts will present a key theme in the success of their decarbonization strategy: leadership, innovation, energy monitoring and expertise.
Secondly, under the theme ‘Educated and informed’, we will be highlighting the importance of a good understanding of the challenges of decarbonization. Experts will present new aspects in a very straightforward way: industrial sector decarbonization assistance measure (MADI) programs and consignment, carbon pricing at the border and hydrogen.
This session will be available in both French and English.
1:40 p.m.
Carbon pricing 2.0: understanding carbon border adjustment mechanisms to remain competitive
Conference details
Carbon pricing has entered a new phase in which trade barriers are becoming a key tool in the fight against climate change. The European Union has launched the first carbon border adjustment mechanism (CBAM), which gradually imposes a carbon price on certain imports. Other economies—Taiwan, the United Kingdom, Australia, Norway—have announced their own mechanisms, are considering similar measures, or are looking into creating climate clubs bringing together countries with comparable ambitions. These initiatives are changing the rules of the game and forcing companies to assess their carbon exposure beyond the domestic market.
This conference will provide an overview of existing and emerging mechanisms to inform the strategic thinking of Quebec mining and energy companies. The concrete implications of the European MACF will be discussed: reporting obligations, foreseeable costs for resource and energy exporters, and the risks associated with double pricing. We will also examine scenarios for international convergence.
2:15 p.m.
Corporate GHG Reduction Program
Conference details
In recent years, a number of GHG reduction projects have been implemented at various Kruger sites. The framework established for the development and implementation of the projects will be presented, with examples of flagship projects. The methods and systems used to monitor performance will also be discussed.
3 p.m.
Quebec industrial sector decarbonization assistance measure (MADI) and consigned funds: explanation and results
Conference details
Since 2024, a portion of the free allocation for eligible companies subject to the carbon market has been set aside in a Consignment fund. These funds are intended to conduct studies as well as implementation and innovation projects on the potential for reducing GHG emissions. The MADI program was implemented as a transitional measure, with the same terms and conditions, to implement earlier the projects that will be eligible for the Deposit Scheme.
This presentation aims to explain how the Deposit Scheme works to help companies effectively use the funds earmarked for them, and to provide an overview of the situations and results achieved under the MADI and Deposit Scheme.
