OUR VIEW: Taxpayers fund B.C.’s carbon trust

The majority of the money is coming from public institutions and being handed to the private sector

On occasion government spin slips into a deceptive state and that is where B.C.’s much-lauded “carbon neutral” status resides today.

In the annual report of the government-controlled Pacific Carbon Trust (PCT) we read this claim: “The most notable accomplishment of the last fiscal year…was the achievement of carbon neutrality for the provincial government.”

In fact, our carbon neutral status is really a tax-shifting sleight of hand dispensing corporate welfare to less-than-needy business barons.

In 2007, the government called on its agencies to reduce carbon emissions to zero, but that would be an accounting exercise because you can’t operate hospitals and schools without leaving a carbon footprint. So, the government created the Crown corporation to turn the magic of taxation mathematics into a greener B.C.

PCT’s job is to find public and private money to buy carbon credits and reinvest the cash on greenhouse gas reduction projects.

Jordan Bateman, B.C. director of the Canadian Tax Federation, says, “Only 12 private companies or individuals bought carbon credits last year for a measly $54,050. The rest of the Trust’s $14 million budget was funded exclusively by taxpayers.”

On Vancouver Island those tax dollars included $870,000 from the Vancouver Island Health Authority and $58,000 from School District 72 here in Campbell River.

That’s our precious tax dollars that should have been earmarked for much needed upgrades to hospital and school infrastructure.

Who got the cash last year? Canfor, Interfor and Lafarge for “switching fuels”; Timberwest for “improved forest management”; and, Encana for “state-of-the-art drilling.”

Obviously, these corporate bottomline initiatives would have been undertaken regardless of PCT handouts.

In fact, the vast majority of projects were underway before the Trust decided they were worthy of taxpayer support.

This is just corporate welfare under the guise of green washing B.C. and it isn’t right.

 

 

 

 

Just Posted

Authorities mull evacuation order for Zeballos

By David Gordon Koch Campbell River Mirror Smoke billowed from the steep… Continue reading

Cambridge appointed Interim Superintendent of Campbell River School District

Temporary CEO comes from Sooke where he spent 37 years, including nine as superintendent

Firefighters “beat down” flames outside of Zeballos

Tiny coastal village on edge following evacuation alert

East Zeballos placed under evacuation alert as “out of control” wildfire approaches homes

BC Wildfire Service says rolling debris on steep terrain poses danger to firefighters

City of Campbell River settles on $250 as fine for contravening invasive species bylaw

Bylaw won’t be ‘proactively’ enforced, but will instead rely on complaints from the public

PHOTOS: B.C. city wakes up to darkness under wildfire smoke

The rest of the province also dealing with thick haze as smoky skies continue

Safeway union urgest rejection of mediator recommendations

Says mediator asks for too many concessions

Fire chases B.C. crews out of their own camp

Crews in Burns Lake had to leave after a wildfire reportedly overtook their sleeping quarters

To address peacock problem, B.C. city moves ahead on trapping plan

Surrey’s new bylaw focuses on ensuring people no longer feed the birds, ahead of relocation

Hospitals to see ‘delays’ in care after losing Saudi students, health group says

About 1,000 Saudi residents called back to kingdom after suspending diplomatic relations with Canada

Bernier diatribe against ‘extreme multiculturalism’ boosts Liberal coffers

Party spokesperson Braeden Caley says online donations doubled, social media engagement quadrupled

‘Disjointed’ system hinders British Columbia First Nations in wildfire fight

More than 550 wildfires were burning in B.C. and crews were bracing for wind and dry lightning

Castlegar bridge designed by architect of collapsed Italian bridge

Riccardo Morandi designed the Kinnaird Bridge, which is part of Highway 3.

Federal government announces over $115 million to Royal Canadian Navy

Defence Minister Harjit S. Sajjan was at Victoria’s CFB Esquimalt to announce missile system upgrades

Most Read