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N.B. introduces legislation it says targets large industrial emitters

FILE- Ajit Solanki/AP Photo

New Brunswick is adopting federal targets for large industrial emitters that could make them pay to offset their pollution.

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The province introduced legislation Thursday that it says would also redirect taxes on gasoline and diesel to programs that combat climate change.

READ MORE: Environmentalist says New Brunswick climate plan lacks incentives

The province’s new fund would reinvest in infrastructure adaptation, and energy efficiency in homes, businesses, industry and transportation.

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In 2018, 2.33 cents per litre of existing gasoline taxes and 2.76 cents per litre of existing diesel fuel taxes would be transferred to the Climate Change Fund.

WATCH: An environmental group says N.B.’s plan to combat climate change offers no incentive for motorists to reduce the amount of fuel they burn

The province says that would amount to about $37 million in the first year.

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Industrial facilities emitting more than 50,000 tonnes of greenhouse gases annually would be subject to the federal standards beginning in 2018.

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