Guidance on Net-Zero Plans under the Net-Zero New Industry Policy

This document is a guide that outlines the requirements for developing net-zero plans as part of the British Columbia Environmental Assessment process. It specifies that a credible net-zero plan is necessary for industrial projects projected to emit over 10,000 tonnes of carbon dioxide equivalent greenhouse gases annually. The guide details the purpose of net-zero plans, which is to align with provincial climate goals by demonstrating how emissions will be minimized and how projects will achieve net-zero emissions by 2030 for LNG facilities and by 2050 for other projects. It also explains the types of net-zero plans, including initial plans and five-year interval updates, and emphasizes the need for these plans to be measurable, timebound, and aligned with world-leading emissions performance. Additionally, it describes the requirements for both initial plans and updates, focusing on the importance of continuous improvement in emissions reduction technologies and practices.