SOUND OFF: What is the true cost of Clean BC?
LATE IN 2018, there was much hype and hope around the creation of Clean BC. This was billed as a new aggressive path forward to reduce our greenhouse gas (GHG) emissions in B.C. Fourteen months after it’s introduction, it’s safe to say that Clean BC is falling short, proving to be largely marketing with little in the way of tangible impacts.
When Clean BC was introduced, John Horgan’s government had to admit that the plan only accounted for 75 per cent of needed emission reductions — but not to worry; the missing 25 per cent of the plan would be revealed shortly thereafter. Well, 14 months later and there is still no sign of where and how the missing 25 per cent of the plan will be addressed.
The missing 25 per cent is actually the most important part of being able to achieve any meaningful targeted reductions in GHGs. I think everyone can agree that the last 25 per cent of just about any strategic plan is the hardest and usually most expensive piece. Yet in Clean BC there doesn’t appear to be much worry about setting out the plan for the missing 25 per cent — and it certainly does make you wonder why.
During last year’s budget discussions, I pointed out to the environment minister that according to the government’s own budget document, emissions have been budgeted to rise in the first three years of the new Clean BC plan. Carbon tax collected under the previous plan was collected on 41.7 megatonnes (Mt) of emissions, yet with a steady year-over-year increase under Clean BC, the tax will be collected on 44 Mt in the third year.