Gary Wheeler | The Silo

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.

In late Spring 2016, Ontario passed legislation to divert more waste from landfills, create jobs, help fight climate change and lead towards a waste-free province. Currently, Ontario is producing too much waste, and not recycling enough. Over eight million tonnes of waste is sent to landfill each year. Absolute greenhouse gas emissions from Ontario’s waste have risen by 25 per cent between 1990 and 2012 as the amount of waste disposed in landfills has increased.

The Waste-Free Ontario Act will: encourage innovation in recycling processes and require producers to take full responsibility for their products and packaging, lower recycling costs and give consumers access to more convenient recycling options to help fight climate change by:

-reducing greenhouse gas pollution that results from the landfilling of products that could otherwise be recycled or composted
-overhaul Waste Diversion Ontario into the Resource Productivity and Recovery Authority, a strong oversight body with new compliance and enforcement powers that will oversee the new approach and existing waste diversion programs until transition is complete.

The province will also be finalizing its draft Strategy for a Waste-Free Ontario: Building the Circular Economy, within three months of the legislation coming into effect. The strategy outlines Ontario’s vision for a zero waste future and proposed plan to implement the legislation.
Harnessing the value of waste as a resource is part of the government’s economic plan to build Ontario up and deliver on its number-one priority to grow the economy and create jobs. The four-part plan includes investing in talent and skills, including helping more people get and create the jobs of the future by expanding access to high-quality college and university education. The plan is making the largest investment in public infrastructure in Ontario’s history and investing in a low-carbon economy driven by innovative, high-growth, export-oriented businesses. The plan is also helping working Ontarians achieve a more secure retirement.

QUOTES
“Ontario is moving in an exciting new direction for managing waste in the province. The Waste-Free Ontario Act is an important step in creating Ontario’s circular economy — a system in which products are never discarded, but reintroduced and reused or recycled into new products. Managing our resources more effectively will benefit Ontarians, our environment and economy and support our efforts to fight climate change.”
— Glen Murray, Minister of the Environment and Climate Change

QUICK FACTS
Every 1,000 tonnes of waste diverted from landfill generates seven full-time jobs, $360,000 in wages (paying above the provincial average) and $711,000 in GDP.
Every year in Canada, an estimated $1 billion in valuable resources is lost to landfill.
Eventually the Waste-Free Ontario Act will eliminate industry funding organizations such as the Ontario Tire Stewardship and Ontario Electronic Stewardship.
The Blue Box program is available in about 95 per cent of Ontario households and keeps approximately 65 per cent of residential printed paper and packaging from landfills.

LEARN MORE
Read about the draft Strategy for a Waste-Free Ontario: Building the Circular Economy
Learn more about Ontario’s current waste programs

BACKGROUNDER via Ministry of the Environment and Climate Change
The Waste-Free Ontario Act and Strategy
Ontario has passed the Waste-Free Ontario Act and will be finalizing the draft Strategy for a Waste-Free Ontario: Building the Circular Economy, within three months of the legislation coming into effect.
Together, the proposed legislation and strategy would:
-Foster innovation in product and packaging design that encourages businesses to design long-lasting, reusable and easily recyclable products
-Boost recycling across all sectors, especially in the industrial, commercial and institutional sectors, which will reduce waste and lower greenhouse gas emissions
-Incent companies to look for ways to make their recycling processes more economical while staying competitive
-Shift the costs of the blue box from municipal taxpayers to producers while continuing to provide convenient collection services for Ontarians.
-Develop an action plan to reduce the amount of organic materials going to landfills.

The draft Strategy embraces a vision of “an Ontario where we have zero waste and zero greenhouse gas emissions from the waste sector and where all resources, organic or non-organic, are used and reused productively, maximizing their recovery and reintegrating recovered materials back into the economy.”
Ontario’s vision would be fulfilled with the draft Strategy’s two goals: a zero waste Ontario and zero greenhouse gas emissions from the waste sector. To achieve these goals Ontario would work towards systematically avoiding and eliminating the volume of waste, while maximizing the conservation and recovery of resources. This would also help the province meet its climate change commitments and help Ontario build a low-carbon economy.
Disponible en Français

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