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Climate goals face BC election backlash in home of Greenpeace

Economic Times LogoEconomic Times10h ago

Climate goals face BC election backlash in home of Greenpeace - Economic Times

Quick Summary:

John Rustad's campaign focuses on removing environmental targets and promoting natural-resources development, which contrasts sharply against the current NDP government's policies amidst economic challenges and public frustrations.

Rustad also talked up billions in extra revenue from streamlining mine permits — one of BC’s oldest industries and more prominent in the remoter parts of the province he hails from.

It’s running on blunting the cost of living with subsidies, tying the minimum wage to inflation, taxing home speculation, blocking Airbnb Inc.-style short-term rentals and using hydrocarbon revenues for a “clean economy transition fund.”Rustad’s rise is also a stunning tale of revenge.


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Article Details

Author / Journalist: Bloomberg

Category: Business

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-18 @ 09:56:46 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: economictimes.indiatimes.com

Language: English

Article Length: 1832 words

Reading Time: 11 minutes read

Sentences: 58 lines

Sentence Length: 32 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Economic Times

News ID: 23115354

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Main Topics: Business

Official Website: economictimes.indiatimes.com

Update Frequency: 7 posts per day

Year Established: 1961

Headquarters: India

News Last Updated: 6 hours ago

Coverage Areas: India

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Publisher ID: #84

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