Encouraging energy efficiency and renewable energy on Vancouver Island

First Reading of Innovative Clean Energy Fund

BC Legislative Assembly: April 23, 2007

Introduction and First Reading of Bills

Hon. R. Neufeld presented a message from Her Honour the Lieutenant-Governor:

FINANCE STATUTES (INNOVATIVE CLEAN
ENERGY FUND) AMENDMENT ACT, 2007

Hon. R. Neufeld presented a message from Her Honour the Lieutenant-Governor: a bill intituled Finance Statutes (Innovative Clean Energy Fund) Amendment Act, 2007. [DRAFT TRANSCRIPT ONLY]

Hon. R. Neufeld: I move that Bill 30, entitled Finance Statutes (Innovative Clean Energy Fund) Amendment Act, 2007, be introduced and read for a first time now. [DRAFT TRANSCRIPT ONLY]

Motion approved. [DRAFT TRANSCRIPT ONLY]

Hon. R. Neufeld: I am pleased to present Bill 30, entitled Finance Statutes (Innovative Clean Energy Fund) Amendment Act, 2007. The throne speech in February and our B.C. Energy Plan: A Vision For Clean Energy Leadership announced in February, voiced our commitment to ensuring that British Columbians will have a reliable, clean source of energy to meet our growing needs now and well into the future. [DRAFT TRANSCRIPT ONLY]

The energy plan identified the creation of a new $25 million innovative clean energy fund to support the development of clean, innovative technologies to help us fulfill this commitment. This fund was recommended by the Alternative Energy and Power Technology Task Force, which was made up of representatives from government, utilities, industry and other organizations. The innovative clean energy fund will support the development of clean and alternative energy sources not just in electricity, but also transportation and the oil and gas sectors. It will also help us take action on climate change. [DRAFT TRANSCRIPT ONLY]

The fund will support the development or adoption of pre-commercial clean energy technologies or clean energy technologies not currently used in British Columbia; reduce the environmental impact of the use, production, generation, storage, transmission, delivery, and provision of conversion of energy; demonstrate or promote B.C. clean energy technologies that have good potential for market demand and other jurisdictions; reduce the cost or improve the reliability of clean energy sources or associated technology; and support energy efficiency and conservation. [DRAFT TRANSCRIPT ONLY]

Today we propose an amendment to the Social Service Tax Act for a proposed 0.4 percent levy on all final sales of electricity, natural gas, grid propane, fuel oil used for heating — not including transportation fuels. This levy will provide the necessary moneys for the clean energy fund. [DRAFT TRANSCRIPT ONLY]

British Columbians are concerned about climate change and sustainable environmental management. We are proud to be leaders in this area, and I know that we want to continue that leadership. We know that as stewards of this province we all share the responsibility for protecting our natural environment while ensuring that we have reliable, competitively-priced and clean energy in B.C. The clean energy fund underlines our commitment to environmental protection, economic diversification, and opportunity and innovation in clean, renewable energy. [DRAFT TRANSCRIPT ONLY]

Mr. Speaker: Minister, could you put the question. [DRAFT TRANSCRIPT ONLY]

Hon. R. Neufeld: Honourable Speaker, I was right at the…. You know my notes. I move that the bill be placed on orders of the day for second reading at the next sitting of the House after today. [DRAFT TRANSCRIPT ONLY]

Bill 30, entitled Finance Statutes (Innovative Clean Energy Fund) Amendment Act, 2007, introduced, read a first time and ordered to be placed on orders of the day for second reading at the next sitting of the House after today. [DRAFT TRANSCRIPT ONLY]

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