Funding for Greenhouse Gas Reduction Initiatives

WHEREAS the newly implemented British Columbia Carbon Tax is not revenue neutral for local governments and it creates a financial barrier to funding greenhouse gas reduction initiatives; AND WHEREAS many local governments lack the financial capacity within property tax revenue to research, study, test, and implement new technologies in order to reduce their greenhouse gas emissions: THEREFORE BE IT RESOLVED that the Province of British Columbia be requested to establish a long-term, predictable, unconditional funding stream to municipalities to support greenhouse gas reduction initiatives.