BC climate plan aims to shift away from fossil fuels
The province announced its latest iteration of its efforts to reduce climate pollution. The focus of the plan is to shift away from fossil fuel use with initiatives such as increasing the number of public charging stations for electric vehicles.
The plan features eight pathways that will affect the cost of energy and increase regulation for some industries:
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.