Tag Archives: Carbon credits

Cost of Climate Change

When climate’s on B.C. communities’ agenda, fossil fuels firms turn up the heat

Canada’s National Observer, Local Journalism Initiative Reporter

Oil and gas companies are still major sponsors at an annual municipal leaders conference even as B.C. reels from a provincewide drought and a fire season driven by climate change.

It’s a contradiction that dismays many municipal and political leaders attending the Union of BC Municipalities (UBCM) annual convention this week in Vancouver. 

Climate change is one of the top issues at the gathering, with local leaders slated to attend a host of workshops and provincial policy sessions on managing the risks and health impacts of wildfires, emergency disaster response and creating climate-resilient communities. 

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Forests

Mosaic informs SRD of its intentions for Cortes and Quadra Islands

Mosaic informed the SRD Board of its intentions to log Cortes and Quadra Islands in a presentation at the August 17 SRD Board meeting.  

“Earlier this year, we were really happy to announce that Way Kay Ventures, a newly formed company owned in part by the We Wai Kai First Nation is providing us with our timber harvesting services on Quadra island. So great to see that nation, working with us on our crown tenures, to participate in the forest sector in their traditional territory,” explained Molly Hudson, Mosaic’s Director of Sustainability. “We’ve been talking a lot with the community on Cortes about upcoming harvest plans, which we intend to launch this fall.”

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Forests

Mosaic defers logging of old-growth on Vancouver Island and Haida Gwaii

By Melissa Renwick, Ha-Shilth-Sa, Local Journalism Initiative Reporter

British Columbia’s largest private landowner, Mosaic Forest Management, is halting logging in nearly 100,000 acres of old-growth forest for the next 25 years.

The forestry company announced the deferral on March 16 and said it’s transitioning to a carbon credit program, which is expected to generate several hundred million dollars in revenue. 

Continue reading Mosaic defers logging of old-growth on Vancouver Island and Haida Gwaii →