Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    StockNews24StockNews24
    Subscribe
    • Shares
    • News
      • Featured Company
      • News Overview
        • Company news
        • Expert Columns
        • Germany
        • USA
        • Price movements
        • Default values
        • Small caps
        • Business
      • News Search
        • Stock News
        • CFD News
        • Foreign exchange news
        • ETF News
        • Money, Career & Lifestyle News
      • Index News
        • DAX News
        • MDAX News
        • TecDAX News
        • Dow Jones News
        • Eurostoxx News
        • NASDAQ News
        • ATX News
        • S&P 500 News
      • Other Topics
        • Private Finance News
        • Commodity News
        • Certificate News
        • Interest rate news
        • SMI News
        • Nikkei 225 News1
    • Carbon Markets
    • Raw materials
    • Funds
    • Bonds
    • Currency
    • Crypto
    • English
      • العربية
      • 简体中文
      • Nederlands
      • English
      • Français
      • Deutsch
      • Italiano
      • Português
      • Русский
      • Español
    StockNews24StockNews24
    Home » Duncan council approves spending $6,500 to remain carbon neutral  – My Cowichan Valley Now
    Carbon Credits

    Duncan council approves spending $6,500 to remain carbon neutral  – My Cowichan Valley Now

    userBy userJune 26, 2025No Comments2 Mins Read
    Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    As emissions continue to rise in Duncan, the city plans to purchase more carbon credits to offset the increase and will carry a price tag of $6,500. 

    Council approved the purchase of 217 offsets during their Jun. 23 meeting, and director of finance Bernice Crossman says the purchase is to help the city remain carbon neutral.  

    According to a city report, last year saw the highest amount of carbon being emitted since 2020, which was due to significant projects being done and fuel used, and Crossman says this is why offsets are needed. 

    Photo credit: City of Duncan’s 2024 Climate Action Report.

    She says there’s a very simple way to determine how many offsets to buy, and the formula equates to spending $6,500. 

    “We calculate how many emissions we’ve put out, and we purchase carbon offsets to make it neutral,” she says. 

    Funding the money to purchase the offsets will be through the Local Government Climate Action Plan, which Crossman ensures shouldn’t raise tax dollars despite the increase in emissions.  

    Discussion was held on whether to purchase the credits, and if the city would still receive Climate Action Program funding, Crossman says they’re not linked, but the municipality made an obligation. 

    “We’ve signed an agreement indicating we will be carbon neutral every year, to achieve that this is the way to do it,” she says.  

    The expenditure went ahead with council’s approval, but councillor Garry Bruce was the only member who voted against the motion to approve purchasing carbon credits. 



    Source link

    Share this:

    • Click to share on Facebook (Opens in new window) Facebook
    • Click to share on X (Opens in new window) X

    Like this:

    Like Loading...

    Related

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    Previous ArticleS&P 500, Nasdaq inch toward record highs on rising rate cut hopes
    Next Article IRDAI flags lapses in health claim practices at 8 insurers: Sources
    user
    • Website

    Related Posts

    Green Assist: Unlocking carbon credits for second-life battery projects – Batteries News

    June 26, 2025

    Storm shields with roots: how trees are protecting Florida this hurricane season

    June 26, 2025

    NVIDIA (NVDA) Stock and the Future of Green AI: What Investors Should Know

    June 26, 2025
    Add A Comment

    Leave a ReplyCancel reply

    © 2025 StockNews24. Designed by Sujon.

    Type above and press Enter to search. Press Esc to cancel.

    %d