The Province’s new greenhouse gas industrial reporting and control act is officially active.
The act combines several pieces of legislation into one, replacing the existing
industrial reporting regulation, adding compliance reporting requirements- including specific requirements for LNG operations.
In the end, the purpose is to ensure LNG facilities will have an emissions cap, while the greenhouse gas emission administrative penalties and appeals regulation will establish the process for how penalties will be levied for non-compliance with the regulations.
“Enacting the Greenhouse Gas Industrial Reporting and Control Act brings about clarity and consolidates many important pieces of our GHG legislation. The act upholds commitments we made to industry and enables First Nations and others to develop offsets under the new system, Minister of Environment Mary Polak declared. “The greenhouse gas emissions cap we have placed on our LNG facilities will make B.C.’s LNG the cleanest in the world. This is yet another example of our international leadership on climate action.”
The act also includes options that act as incentives to invest in emission reduction projects for natural gas and other sectors.
Industrial operations will continue to report GHG emissions as they have since 2010.