BC climate plan aims to shift away from fossil fuels
The plan features eight pathways that will affect the cost of energy and increase regulation for some industries:
- increase price on carbon pollution to meet or exceed the federal benchmark, with supports for people and businesses;
- require new industry projects to have enforceable plans to reach legislated targets and net zero by 2050;
- stronger regulations to nearly eliminate industrial methane emissions by 2035;
- comprehensive review of oil and gas royalty system, with outcomes released in February 2022;
- require all new buildings to be zero-carbon by 2030;
- 90% of passenger vehicles sold must be zero-emission vehicles by 2030 and 100% by 2035;
- develop 10,000 ZEV targets for medium- and heavy-duty vehicles;
- accelerate shift toward active transportation and public transit;
- increase clean fuel and energy efficiency requirements; and
support innovation in areas like clean hydrogen, the forest-based bioeconomy and negative emissions technology.