VANCOUVER—The Western Canadian province of British Columbia on Dec. 5 outlined the first measures it will take to cut carbon emissions by 40% by 2030, including shifting homes and vehicles to clean or renewable energy.
The province would still support its nascent LNG industry, with the 68-page CleanBC plan calling for LNG firms to use the “greenest technology available.”
Some 75% of British Columbia’s planned emission cuts would be achieved by shifting homes, vehicles and industry off fossil fuels and onto clean or renewable energy, boosting energy efficiency, and by attracting low-carbon investment.
British Columbia wants to cut carbon emissions to 38.2 million tonnes by 2030, down 40% from 2007 levels, then dropping to 12.7 million tonnes by 2050.
One large LNG export terminal in the northern town of Kitimat is expected to add some 3.45 million tonnes of carbon to the province’s total emissions once operations begin in the mid-2020s. A second smaller LNG plant north of Vancouver is expected to start construction in the first quarter of 2019, with operations in 2023.
“We want to make sure British Columbia is a destination for investment and industry that wants to come here and wants to lead the world with new technologies,” Premier John Horgan told reporters. “That includes our traditional foundational industries like mining, forestry and natural gas.”
British Columbia last month said it would phase out the sale of new non-electric vehicles in the province by 2040, a bold measure aimed at getting carbon emitting cars and light-duty trucks off the road.
In addition, the province said it would speed up the transition to cleaner fuels at the pump, including hydrogen and LNG for use in transport. It said all new homes and buildings must be low-carbon by 2032 and said it will ramp up funding for retrofits of older buildings.
Recommended Reading
CAPP Forecasts $40.6B in Canadian Upstream Capex in 2024
2024-02-27 - The number is slightly over the estimated 2023 capex spend; CAPP cites uncertain emissions policy as a factor in investment decisions.
MethaneSAT: EDF’s Eye in the Sky Targets E&P Emissions
2024-03-07 - The Environmental Defense Fund and Harvard University recently launched MethaneSAT, a satellite tracking methane emissions. The project’s primary target: oil and gas operators.
Lathrop Survey: Oil Execs Favor Diversifying
2024-01-23 - Fewer companies expect to increase oil and gas production this year as many turn to renewables for growth opportunities.
Column: There’s Methane to Our Madness
2024-01-30 - The EPA’s methane rule will likely face resistance—but it shouldn’t.
SEC Adopts Climate Disclosure Rules in 3-2 Vote
2024-03-06 - The regulation requires companies to disclose Scope 1 and 2 emissions, weather-related risks and other climate-related data that could have a material business impact.