(3BL Media/Justmeans) - The provincial government of Ontario has announced that it will spend over C$7 billion over the next four years in a broad-based effort to combat climate change that is expected to touch upon nearly every aspect of life. Some of these actions are quite innovative.
Among the actions are the phasing out of the use of natural gas for heating, as well as a number of incentives for everything from electric vehicles to building energy conservation retrofits.
The Climate Change Action Plan contains 32 distinct actions containing a total of 80 policies. Each action contains a price tag and an estimated amount of carbon reduction it is expected to achieve.
Many of the actions will be paid for by the province’s cap and trade system, which is expected to be in place at the beginning of next year.
Overall, the cap and trade system and the action plan are expected to cut emissions from 1990 levels by 15 per cent by 2020, by 37 per cent by 2030 and by 80 per cent by 2050.