BC NDP global warming plan: bad for the environment, bad for the economy [UPDATED]

Originally posted on April 15, 2009 at 7:35 pm

Mark Jaccard has recently released an analysis of the BC NDP’s main policy to deal with global warming concluding that:

if BC were to try to reach its aggressive GHG emissions reduction target without emissions pricing for non-industrial emitters, relying instead on industry and government funds to subsidize relatively ineffective energy efficiency and fuel switching by non-industrial emitters, the outcome is likely to be a dramatic reduction in BC industrial production. This would have significant negative repercussions for employment levels, especially in some key BC communities that are dependent on one or two specific large industrial GHG emitters. The loss of jobs will be substantial.

Read the rest of this entry »