Friday, June 29, 2012

B.C.'s 'controversial' carbon trading system under review

The B.C. auditor-general is examining the controversial carbon trading system the provincial government has used to declare its public sector carbon neutral. The audit will determine whether the B.C. government has achieved that goal, and also determine whether the greenhouse gas reductions (called carbon offsets) the province purchased to become carbon neutral were “credible,” according to the auditor-general’s website. Under the province’s rules, carbon offsets are only “credible” if the greenhouse gas reduction projects would not have gone ahead without the cash injection from the province. Kate Jobling, spokeswoman for the office of the auditor-general, said the office could not comment on the audit because it is in progress, even to say when the carbon-neutral audit had started and when it is expected to be completed. The audit will also determine whether the province is taking enough action to reduce greenhouse gas emissions, and whether it is properly evaluating its efforts and reporting them. The province declared the public sector carbon neutral in 2010 and 2011, meaning theoretically that public institutions have driven their greenhouse gas emissions to zero. Hospitals, universities and schools atone for the sin of carbon emission by paying $25 per tonne of greenhouse gas produced into the Pacific Carbon Trust, a Crown corporation. The money collected by the trust was used to fund greenhouse gas reduction projects at private-sector pulp mills, sawmills, gas drilling rigs, hotels and greenhouses. In this way, the provincial government has said reduction projects in the private sector “offset” the emissions in B.C.’s public sector. The B.C. Liberal government has faced criticism from the B.C. School Trustees Association and other public-sector organizations over this transfer of public money to the private sector via the Pacific Carbon Trust. The government reacted to the criticism by announcing in April the $5 million paid annually by schools to offset their carbon emissions will go back to the schools in an energy-efficiency capital fund. No such move has been made for universities or hospitals. (more)

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