A Clean Energy and Jobs Plan for B.C., based on more stringent Regulations

The government of British Columbia is scheduled to release its updated Climate Leadership Plan in December 2015. In November, Clean Energy Canada released  A Clean Economy and Jobs Plan for British Columbia   to contribute to those discussions. It characterizes the future as “not a revolution, but an evolution”, and summarizes its policy recommendations as having two core fundamentals: “Introduce and expand clean standards for vehicles, buildings and industry, and “Create a clean economy investment and tax rebate program.” The Jobs Plan document is based on commissioned research by Navius Research, A Plan for Climate Leadership in British Columbia: Forecasting the Benefits and Costs of Strengthening British Columbia’s Greenhouse Gas Policies . The Navius report provides the details of both the economic modelling, and the policy prescriptions. Those deep decarbonization policies include a carbon tax of at least $80 per tonne and stronger sector-specific regulations on buildings, transportation, energy supply, and industry – especially LNG production. Under such policies, Navius forecasts that BC will miss its 2020 emission target, (33% reduction in GHG emissions relative to 2007 levels), but can achieve its 2050 target ( 80% reduction in emissions relative to 2007).   The resource sectors are forecast to grow at 2% annually and remain important to BC’s economy, but more than 70% of future growth will occur in the service sector, (including healthcare, education, and technical and professional services). Because of the diversity of the economy, approximately 250,000 new jobs are predicted in the next ten years, with total jobs growing by 900,000 between 2015 and 2050.

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