Low Overhead for Industry, Clean Air for All

Allan Wishart,

Omineca Express, February 29, 2012

 

It’s a made-in-B.C. approach, and now the B.C. government is getting behind it.

On Friday morning, at the board meeting of the Central Interior Logging Association, Environment Minister Terry Lake announced $2 million in funding over the next two years for the Carbon Offset Aggregation Cooperative (COAC). The cooperative provides financing to member companies to modify vehicles which use fossil fuel. Drivers also receive training in ways to reduce fuel use and emissions. The reductions in greenhouse gases are tracked and used as carbon offsets, which are then sold, transferred or traded by COAC. The proceeds of the sales then return to the members as dividends. Read more