B.C.'s industries are among the cleanest in the world, and companies across the province are continuing to adopt new technologies to reduce their carbon footprint.
Through CleanBC, the B.C. government is providing the foundation for a strong, sustainable future by working side-by-side with industry and other partners.
Together, we’re building more opportunities for cleaner businesses and industries to be world leaders by providing innovative goods and services while helping them reap the benefits of greater efficiency and reduced pollution.
The CleanBC Program for Industry
The CleanBC Program for Industry reduces emissions at industrial operations across British Columbia. At the same time, it reduces carbon costs and supports technological innovation to help industry meet the growing global demand for lower-carbon solutions.
The program directs a portion of the carbon taxes paid by industry into two initiatives that work hand-in-hand to support industry and reduce emissions:
The CleanBC Industry Fund finances greenhouse gas reducing projects and increases opportunities for innovative technologies.
The CleanBC Industrial Incentive Program supports emissions reductions and competitiveness with incentive payments.
B.C. facilities that emit 10,000 tonnes or more of carbon dioxide equivalent (CO2e) per year must report their greenhouse gas emissions annually. Accurate emissions data informs policy development and helps government understand where industry may need support.
Economic incentives, together with the price signal created by the carbon tax, work to support industry, drive innovation and reduce emissions across sectors. These incentives include offset projects as well as industry innovation programs like the CleanBC Industrial Incentive Program, the Small Business Venture Capital Tax Credit, the Innovative Clean Energy (ICE) Fund, the CleanBC Building Innovation Fund, and the Go Electric Advanced Research and Commercialization (ARC) Program.
In addition to reporting requirements, certain sectors are subject to other regulations that limit direct greenhouse gas emissions. The natural gas sector, for example, must follow new rules that will reduce methane emissions by 45% by 2025. In the transportation sector, fuel supply is regulated by the Low Carbon Fuel Standard. And B.C.’s utilities must meet clean energy requirements under the Clean Energy Act.