Tag Archives: Climate Change Action Plan

Funding Announced To Help Ontarians Save Energy And Money In Homes And Businesses

I’m sure we all read the distressing poll that about a third of Canadians still don’t believe the threat of climate change is real.  Even more illuminating: only 30 per cent even know we are taking action in Ontario to fight climate change.

This is the reason why Canada and Ontario are working together to take action on climate change and find clean solutions to help homeowners and families save money, reduce energy waste, create jobs and support healthy communities.

Minister of Environment and Climate Change, Catherine McKenna, and the Premier of Ontario, Kathleen Wynne, announced a federal investment of up to $100 million to help the people of Ontario make energy efficient retrofits to their homes – including apartments, townhouses and low-income housing – and businesses.

This funding will support the province’s GreenON Rebates program, which helps cover the cost of eco-friendly retrofits across the province. This investment is supported by the Government of Canada’s Low Carbon Economy Leadership Fund.

GreenON Rebates will assist property owners make energy efficient changes like installing better insulation, high-efficiency ventilation systems and heat pumps, and other devices to save energy and reduce costs.

This is an opportunity for us here in Haldimand-Norfolk to take action and do our part in fighting the climante change. We can take advantage of receiving some of our own tax dollars back by improving our houses and businesses while saving money in the long run at the same time.

As part of its Climate Change Action Plan (CCAP), Ontario in investing up to $1.7 billion over the coming years into GreenON to support a wide range of programs, including rebates and programs to help families, business and farmers make environmentally friendly changes. The CCAP is a five-year action plan that is making life more affordable for people across the province and making Ontario a leader in the global fight against climate change. Revenues from Ontario’s carbon market, which puts a cap on the carbon pollution businesses can emit, are funding this action plan.

The Government of Canada’s Low-Carbon Economy Leadership Fund provides $1.4 billion to provinces and territories that have adopted the Pan-Canadian Framework on Clean Growth and Climate Change (PCF), to deliver on commitments to reduce greenhouse gas emissions. Today’s announcement is part of the almost $420 million Ontario is receiving through the Leadership Fund.

Did you Know:

  • Through GreenON, property owners are currently eligible for rebates up to $7,200 in savings on new insulation; $5,000 in savings on replacement windows; $5,800 in savings on some air source heat pumps; and $20,000 in savings on installation of some certified ground source heat pumps.
  • In January, Ontario became part of the second-largest carbon market in the world, which forms the backbone of Ontario’s strategy to cut greenhouse gas pollution to 15 per cent below 1990 levels by 2020, 37 per cent by 2030 and 80 per cent by 2050.
  • Ontario’s carbon market has generation approximately $2.4 billion in revenue to improve schools, hospitals, transit and other projects like new bike lanes that are building a greener, more energy efficient province.
  • Ontario has committed up to $1.7 billion over three years to support a wide range of programs under the Green Ontario Fund (GreenON).

 

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Ontario Results Of November Cap And Trade Program Auction

NEWS from The Ministry of the Environment and Climate Change- Ontario has announced the results of the province’s fourth auction of greenhouse gas emission allowances, held Nov. 29, 2017.  A total of 20,898,000 current (2017) allowances were sold at a settlement price of $17.38 CAD and a total of 3,116,700 future (2020) greenhouse gas emission allowances were sold at a settlement price of $18.89 CAD. The auction generated an estimated $422,081,073 in proceeds, which by law will be invested in programs that will reduce greenhouse gas pollution and help families and businesses reduce their own emissions through the Climate Change Action Plan.

Proceeds from the province’s carbon market auctions are funding programs in 2017-18 that help people and businesses across Ontario reduce pollution, including:
 $64 million to improve energy efficiency, reduce greenhouse gases and redirect savings into patient care at 98 hospitals across the province
 Up to $377 million to establish the Green Ontario Fund to help homeowners and businesses save money and fight climate change through programs and rebates
 Up to $657 million for repairs and improvements to social housing apartment buildings over five years, contingent on carbon market proceeds
 $200 million for public school energy improvements
 Up to $100 million to support municipalities in fighting climate change through projects such as renewable energy and energy efficiency improvements
 $93 million for cycling upgrades
 $25 million to establish the Low Carbon Innovation Fund to help create and commercialize new low-carbon technologies

These recent investments build upon $100 million to help homeowners make home energy upgrades, $20 million to install a network of fast-charging electric vehicle stations, $92 million for social housing upgrades, nearly $100 million to help businesses adopt low-carbon technology, and $13 million to support clean economic growth in First Nations communities, $8 million to launch a new pilot program to help fund the purchase of electric school buses, over $1 million to improve ecosystem health in urban and rural communities across the province.

The auction was administered by the Ministry of the Environment and Climate Change using services contracted by the Western Climate Initiative (WCI) Inc., with oversight from an independent market monitor to ensure the integrity of the process. The summary report of the results has been made available to the public.  For the Silo, Anna Milner.    Disponible en Français.

QUOTES
” The goal of Ontario’s carbon market is to reduce greenhouse gas emissions from our largest
sources of pollution. The proceeds generated are being invested into Ontario’s economy
through programs and projects that will do even more to reduce greenhouse gases, and help
people in their everyday lives.”
– Chris Ballard
Minister of the Environment and Climate Change

QUICK FACTS
 On May 18, 2016, Ontario passed landmark climate change legislation that ensures the
province is accountable for responsibly and transparently investing proceeds from the
cap and trade program.
 The Climate Change Action Plan and the cap and trade program form the backbone of
Ontario’s strategy to cut greenhouse gas pollution to 15 per cent below 1990 levels by
2020.
 On September 22, 2017, Ontario signed a cap and trade linking agreement with Quebec
and California. The linkage will become effective on January 1, 2018.
 After introducing its cap and trade program and putting a price on carbon, California’s
economy grew at a pace that exceeded the growth of the rest of the U.S. economy.
 The number of jobs in California grew by almost 3.3 per cent in the first year and a half
of the program, outstripping the national rate of job creation, which was 2.5 per cent over
the same period.
 In the United States, the Regional Greenhouse Gas Initiative (RGGI) has invested more
than $1.3 billion of auction proceeds since 2009 in programs that include energy
efficiency, clean and renewable energy, greenhouse gas abatement and direct bill
assistance.
 RGGI investments are projected to return more than $4.67 billion in lifetime energy bill
savings to more than 4.6 million participating households and 21,400 businesses.