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The government of Quebec, Canada, has set a goal to export 60.9% of its installed renewable energy capacity to the US -- up from its current level of 46.6% -- by 2030. "With the most developed wind energy supply chain in Canada and the northeastern United States, Quebec's wind industry is in a good position to meet our continent's energy challenges," Canadian Wind Energy Association Vice President Jean-Francois Nolet said.

After trepidation about adding transportation fuels to the cap-and-trade mix, analysts say the latest carbon auction by California and Quebec could have ripple effects for companies and the economy.