Carbon and Montney Development Chris Snyder Corporate Banking August 2016 CONFIDENTIAL
Corporate Banking 1 We offer a broad set of capabilities to help finance your business activities and manage your daily transactional requirements. Corporate Banking supports a wide range of industry sectors Corporate Lending &…
Summary 2 Federal government is committed to putting a national price on greenhouse gas (carbon) emissions Existing and pending provincial carbon regulation make Federal effort to harmonize challenging BC has carbon…
Overview 3 Focus on greenhouse gas (carbon) emissions Canadian federal government actions on carbon Provincial government positions, including BC Carbon and LNG Look forward CONFIDENTIAL
Federal governments carbon position 4 Current Federal government in office since October 2015 Made commitment at Paris Climate Conference to reduce Canadas carbon emissions in line with 2 degrees C global target March 2016…
Provincial carbon regulation 5 Alberta (2007), revised (2017) carbon tax and intensity-based for large emitters BC (2008), pending revision (2016) carbon tax and industry-specific intensity-based Quebec (2013) cap and trade,…
Carbon regulation and LNG 6 Environmental Assessment (EA) for projects; require approval by BC and Federal governments Recent federal requirement to quantify upstream carbon emissions in EA Federal governments recent agreement…
Future developments 7 Federal government efforts to harmonize a price on carbon continue, with next federal-provincial meetings this fall The outcomes and timeline are not clear BC carbon regulations, including for LNG…
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