Ontario unveils $400M climate change plan

P&PC Staff
November 29, 2018
By P&PC Staff
November 29, 2018 – The Ontario government has released a climate-change plan that it says will lower greenhouse gas emissions and reduce waste while keeping on target to meet Paris Agreement targets by 2030.

The province will invest $400 million developing green technologies with the private sector over the next four years using the Ontario Carbon Trust, which will be funded by taxpayers.  

The plan replaces the previous government's cap-and-trade system and does not include a carbon tax. Instead, the Ontario Carbon Trust will include a $50-million "reverse auction" that will see businesses bidding on government contracts, which will be distributed based on the lowest cost per tonne of greenhouse gas emissions. 

"This plan strikes the right balance between a healthy environment and a healthy economy," says Rod Phillips, minister of the environment, conservation and parks.

Ontario also plans to work with industry to create performance standards for organizations that emit large amounts of greenhouse gases. There is also a stipulation that Ontario's auto sector and other exposed industries may be exempted in the interest of competitiveness.

The plan also includes transparency measures to help ensure the public has real-time information about monitoring, incidents and enforcement activities, as well as promotion of electric vehicles and increased ethanol in gasoline.

The government is calling for local environmental action through initiatives such as a new province-wide day of action to fight litter, alongside partnerships with organizations like Ducks Unlimited and the Ontario Federation of Anglers and Hunters to fight invasive species and encourage conservation.

"Our plan will encourage individuals, families, governments and businesses to take greater ownership of our shared environmental challenges through real actions, big and small," says Phillips.

The Paris Agreement, developed to contain the rise in global average temperature within two degrees Celsius, stiuplates that emissions are reduced by 30 per cent below 2005 levels by 2030.

Add comment

Disclaimer
Note: By submitting your comments you acknowledge that Pulp and Paper Canada has the right to reproduce, broadcast and publicize those comments or any part thereof in any manner whatsoever. Please note that due to the volume of e-mails we receive, not all comments will be published and those that are published will not be edited. However, all will be carefully read, considered and appreciated.


Security code
Refresh

Subscription Centre

 
New Subscription
 
Already a Subscriber
 
Customer Service
 
View Digital Magazine Renew

Most Popular

Latest Events

BIOFOR International 2019
February 4-7, 2019
PaperWeek Canada 2019
February 4-7, 2019
Paper2019
March 24-26, 2019
PaperCon 2019
May 5-8, 2019

We are using cookies to give you the best experience on our website. By continuing to use the site, you agree to the use of cookies. To find out more, read our Privacy Policy.