Questions about the benefits of Carbon Trading

(Courtesy CBC)

Questions are being raised about how B.C.'s system of Carbon Trading really works in the effort to reduce greenhouse gas emissions.

The Pacific Carbon Trust is at the center of the action with the Trust essentially acting as a bank of sorts.

Companies pay into a fund for every tonne of carbon emissions created; however, if a company reduces its emissions, the money flows in the other direction. In other words, it's a financial incentive to cut the production of carbon based gases.

Schools and hospitals are now also part of the program and some critics say those institutions are being put in the position of subsidizing corporations.

It's a complicated arrangement, so to clear the air we spoke with B.C.'s Environment Minister and Kamloops-North Thompson M.L.A. Terry Lake.

Download Flash Player to view this content.

Previous Post
Next Post

To encourage thoughtful and respectful conversations, first and last names will appear with each submission to CBC/Radio-Canada's online communities (except in children and youth-oriented communities). Pseudonyms will no longer be permitted.

By submitting a comment, you accept that CBC has the right to reproduce and publish that comment in whole or in part, in any manner CBC chooses. Please note that CBC does not endorse the opinions expressed in comments. Comments on this story are moderated according to our Submission Guidelines. Comments are welcome while open. We reserve the right to close comments at any time.

Submission Policy

Note: The CBC does not necessarily endorse any of the views posted. By submitting your comments, you acknowledge that CBC has the right to reproduce, broadcast and publicize those comments or any part thereof in any manner whatsoever. Please note that comments are moderated and published according to our submission guidelines.

Latest BC News

302 Found


The document has moved here.