February 29, 2012
B.C. government helps fund carbon offset program
The Government of British Columbia has announced it will spend $2 million in funding for the Prince George-based Carbon Offset Aggregation Cooperative (COAC).
The program is intended to assist heavy equipment operators and trucking companies to lower their carbon emissions. Through COAC, these companies can create, aggregate and sell carbon offsets that are produced through reductions in diesel fuel consumption.
The funding is expected to provide financing for up to 100 retrofits per month, with emission reductions estimated at approximately 13,400 tonnes over the first three years. Thirty three trucks and equipment have been retrofitted. Installation has been completed on the first truck fleet of six units and COAC expects to install another 24 soon.
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