Share on LinkedInShare on LinkedIn

ARTICLE · 26 MARCH 2008

B.C.´S Green Plan Combines Carbon Trading And Carbon Tax

In November 2007, the British Columbia Legislature enacted initial legislation respecting the reduction of greenhouse gas emissions.

CanadaEnergy and Natural Resources

In November 2007, the British Columbia (B.C.) Legislature enacted initial legislation respecting the reduction of greenhouse gas (GHG) emissions. The Greenhouse Gas Reduction Targets Act, which came into force on January 1, 2008, establishes targets of a 33% reduction below 2007 GHG emission levels by 2020, and an 80% reduction below 2007 emission levels by 2050. It also requires that realistic, economically viable interim targets for 2012 and 2016 be established by the Minister of Environment by the end of 2008, and that the provincial government itself become carbon neutral by 2010.

The B.C. government has also announced that additional legislation will be introduced this year to regulate emissions from different sectors. The proposed legislation would establish a cap-and-trade system for large emitters, which would include firm caps on the allowable emissions from large sources, and provide for

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

See more popular content from