B.C. wins climate award at Glasgow conference

By Ministry of Environment and Climate Change Strategy
Government of British Columbia
November 7, 2021
Category: Carbon, Climate & Bioenergy
Region: Canada, Canada West

An innovative CleanBC program designed to reduce industry emissions and maintain global competitiveness has won an international award presented by the Under2 Coalition during COP26 in Glasgow. The CleanBC Program for Industry was awarded most creative climate solution from the coalition… The CleanBC Program for Industry includes two complementary initiatives that work together to encourage investment in clean technologies and operations that reduce emissions from industry. The first – called the CleanBC Industry Fund – uses a portion of carbon tax revenue paid by large emitters to co-invest in projects that reduce greenhouse gas emissions in sectors such as mining, pulp and paper, cement, agriculture, and oil and gas. The second – called the CleanBC Industrial Incentive Program – reduces carbon tax costs for operators if they can demonstrate they are among the lowest emitting in the world for their sector.

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