Clean Prosperity President and CEO Michael Bernstein made the following statement:
“The Canada-British Columbia Cooperative Prosperity Agreement balances multiple critical objectives: economic growth, national unity, and emissions reduction. The future of Canada and B.C. depends on us succeeding at all of them.
“The agreement explicitly upholds the power of strong carbon markets to attract low-carbon investment. Research by Clean Prosperity has shown that strengthening Canada’s carbon markets can unlock tens of billions worth of new investment, bringing with it good jobs and economic growth.
“B.C. should be commended for its commitment to take a leading role in exploring a Canadian national carbon market. Tearing down barriers to interprovincial trade in carbon credits can grow investment across Canada.
“To instill confidence in the carbon market, a smart next step for the B.C. and federal governments would be to jointly offer carbon contracts for difference that can incentivize major decarbonization projects.”
Clean Prosperity British Columbia Director Neil Dobson made the following statement:
“The federal-B.C. agreement creates a positive pathway to grow our province’s low-carbon economy and deepen electrification.
“Today’s agreement highlights the generational opportunity before our province to power global low-carbon economic growth — namely, in areas like critical minerals and LNG.”
