The following electronic version is for informational purposes only.
The printed version remains the official version.
PETER MILOBAR
HIS MAJESTY, by and with the advice and consent of the Legislative Assembly of the Province of British Columbia, enacts as follows:
CLAUSE 1: [Low Carbon Fuels Act, section 13] amends the reduction to be factored into the formula for determining the target carbon intensity for a fuel in the jet fuel category.
1 Section 13 (5) of the Low Carbon Fuels Act, S.B.C. 2022, c. 21, is repealed and the following substituted:
(5) For the purposes of subsection (3), the target carbon intensity for a fuel is the number determined in accordance with the following formula:
TCI = BCI x (1 – R)
where
| BCI | = | carbon intensity specified in section 19 (a) for the base fuel for the category to which fuel belongs; |
| R | = | reduction for that category, expressed as a percentage, being zero percent for fuel in the jet category and as prescribed for all other categories. |
2 This Act comes into force on the date of Royal Assent.
CLAUSE 1: [Low Carbon Fuels Act, section 13] amends the reduction to be factored into the formula for determining the target carbon intensity for a fuel in the jet fuel category.