Vaughn Palmer: Ambitious climate targets too fast, will damage economy, says B.C. business group

Opinion: Environment Minister George Heyman disputes the conclusion, even though it was based on government numbers

Vancouver Sun | Vaughn Palmer | Nov 21, 2023

VICTORIA — The New Democrats have been forced to defend their Clean B.C. climate plan because of the discovery that the government’s own modelling says it will hurt the economy.

The province’s economic output would take a $28.1 billion hit according to the model, which was keyed to the Clean B.C. Roadmap for 2030, released earlier this year.

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The model didn’t get much attention until it was cited in a report last month from the B.C. Business Council on the economic implications of the provincial plan to reduce greenhouse gas emissions to 40 per cent of 2007 levels by 2030.

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