Catch $25 : How mandatory carbon offsets are undermining real emissions reductions in BC school districts

For example, the United Kingdom and •. Establish a climate action fund, in which schools pay the Australian state of New South Wales are pursuing amounts equivalent to their current carbon offsets paths to public sector carbon neutrality that prioritize into a pooled fund for emissions reductions projects real reductions in emissions from government oper- in the BC public school sector. [...] For 2010, the first year of Further, while the province has provided grants to off- carbon neutrality, BC school districts were required to set the cost of labour settlements that the province itself purchase 176,672 tonnes of carbon offsets at a fixed price negotiates, these grants do not actually cover the full of $25 per tonne, for a total of $4.416 million. [...] If the public sector had been allowed to apply the funds used for carbon offsets to district operations in 2010 actual emissions reductions in their own operations, they would have increased the environmental and economic From the perspective of school districts, money paid benefits of PSECA by more than 70 per cent. [...] While the PCT does not publicly disclose the price it pays to sell offsets to fund their own for specific offsets, PCT documents state that crown emissions reductions projects corporation purchases offsets wholesale in the band of $10 to $20 per tonne; it then resells to the public sector at At the same time, school districts are not permitted to a fixed price of $25 per tonne.18 This means that b [...] For 2011/12, the program aims to help local their lifetime.33 16 CATCH $25: HOW MANDATORY CARBON OFFSETS ARE UNDERMINING REAL EMISSIONS REDUCTIONS IN BC SCHOOL DISTRICTS New South Wales, Australia 4. Allow BC school districts to develop and sell carbon offsets The state government of New South Wales (NSW) in Australia is another example of public sector carbon neutrality that prioritizes School di