B.C. Auditor General is Highly Critical of the Pacific Carbon Trust

Public release of a report from the Office of the B.C. Auditor General has been indefinitely delayed by the provincial government, but Ben Parfitt of the B.C. office of the Canadian Centre for Policy Alternatives provides a summary of the report, and explanation. According to Parfitt, the Auditor General examined two major purchases of carbon offsets sold in 2010, (which together accounted for 70% of the 2010 offsets): the purchase of the Darkwoods private forestlands by the Nature Conservancy of Canada, and a project that reduced flaring of natural gas at wells operated by Encana. The Auditor General’s report found evidence that both the Nature Conservancy and Encana overstated the climatic benefits of their carbon offset projects by presenting “flawed” baseline information; that the Pacific Carbon Trust (PCT) overpaid for the offsets, and finally, that the PCT proceeded with the purchases against the advice of independent contractors. Read “The campaign to discredit BC Auditor General’s report on carbon neutrality” by Ben Parfitt, (March 27, 2013) at the CCPA Climate Justice website at:http://www.policyalternatives.ca/publications/commentary/campaign-discredit-auditor-generals-report-carbon-neutrality, and a related post from July, 2011 which provides more details at:http://www.policyalternatives.ca/publications/commentary/darkwoods-murky-world-carbon-credits-and-%E2%80%9Ccarbon-neutral%E2%80%9D-bc-government

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