Pacific Carbon Trust — Market For Carbon In BC

Thanks to the Pacific Carbon Trust set up by the provincial government, low-carbon projects in BC are monetizing their carbon emission reductions. Selling the reductions to the Carbon Trust provides the owners of low-carbon projects in BC with an additional revenue stream to improve the return on investment and make these projects more profitable.

The Carbon Trust was established in 2008 as part of BC's Climate Action Plan. As the province's newest Crown Corporation, the Carbon Trust operates to secure emissions offsets on behalf of both the provincial public sector and any interested private sector clients. Initially, the Carbon Trust is focusing on its public sector mandate as the agency is charged with helping the provincial government become carbon neutral by 2010, in accordance with the Greenhouse Gas Reductions Target Act. But the Carbon Trust is also delivering emissions offsets to private sector clients that want to mitigate their own greenhouse gas emissions.