British Columbia’s Program to Reduce Industrial Emissions Wins Award at COP26 | The Canadian News

British Columbia’s CleanBC program, which encourages emission reductions in the industry as a whole, won an award at the United Nations COP26 climate conference in Glasgow, Scotland.

A Sunday press release from the province’s Environment Ministry says the program received the most creative climate solution from the Under2 Coalition, a global alliance of state and regional governments committed to climate action in line with the Paris Agreement of 2015.

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It says the CleanBC program uses two complementary initiatives to encourage industries to reduce emissions.

The former uses a portion of the carbon tax paid by emitters to contribute to projects that reduce greenhouse gases in areas such as mining, pulp and paper, cement, agriculture, and oil and gas.

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It says the second reduces carbon tax costs if an industry can show that they are among the lowest emissions in the world for their sector.

The ministry says British Columbia has set greenhouse gas emissions targets for oil and gas as much as 38 percent below 2007 levels by 2030.

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Reference-globalnews.ca

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