Prime Minister Harper announced a $1.5 billion dollar trust fund today to be distributed to the provinces and territories for the reduction of pollution and greenhouse gases.
Details on where the money will be directed were sparse, except in the case of Quebec. That province has already implemented a carbon tax, pledged to meet Kyoto targets, and was seeking $328 million from Ottawa to help fund those plans. Harper announced that Quebec's share of the trust would be $350 million.
How the individual provinces translate this money into action remains to be seen; however, we may get a first look tomorrow during the throne speech by BC Premier Gordon Campbell. Campbell is expected to announce a plan to reduce greenhouse emissions with set targets at that time.
Their is speculation that the plan may mirror that implemented by California Governor Arnold Schwarzenegger last year, which called for a 25% reduction in greenhouse gases by 2020. There is also speculation that Campbell may abandon the proposed introduction of coal fired power generation in the province - a move that would be a strong signal of serious action and a good political move. A recent poll showed that 69% of British Columbians opposed coal fired power.
Check back soon for a breakdown of BC's new climate change policy after tomorrow's throne speech.