Grand Forks city council receives report on climate reserve fund

Grand Forks city council received a report last Committee of the Whole meeting about the Climate Action Reserve Fund Bylaw No. 1989.

Grand Forks city council received a report at the Committee of the Whole meeting on July 22 for Climate Action Reserve Fund Bylaw No. 1989.

The bylaw would allow the city to have the option to spend carbon tax dollars locally rather than sending them away.

“We were going to send our reserve fund to the Darkwoods Project Trust Fund,” said Coun. Bob Kendel. “We are now able to establish our own fund with our own carbon tax dollars. Rather than send it away, we can keep the money here and put it towards our own green initiatives.”

As part of the carbon tax agreement, the city pays $25 per tonne of the city’s greenhouse gas emission towards the fund.

The bylaw has not yet been introduced for any readings by city council.

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