Ontario to Spend $7 Billion on Sweeping Climate Change Plan
Here is a news item from our friends at GeoFication Ontario. It is a summary of an article in the Toronto Globe & Mail, a nationally distributed newspaper in Canada.
The Ontario government plans to spend more than $7-billion over four years on a sweeping climate change plan that will affect every aspect of life in Ontario.
It will begin to phase out natural gas for heating, provide incentives to retrofit buildings and give rebates to drivers who buy electric vehicles. It will also update building codes to require all new homes be heated with electricity or geothermal heat pumps systems by 2030 and set a target for 12 per cent of all new vehicle sales to be electric by 2025.
The 57-page Climate Change Action Plan lays out a strategy for years 2017 to 2021. The many new programs will be paid for out of revenue from the province’s upcoming cap-and-trade system, which is expected to be approved by the legislature this week and come into effect at the start of next year. Together, the cap-and-trade system and the action plan are the backbone of the province’s strategy to cut emissions to 15 per cent below 1990 levels by 2020, 37 per cent by 2030 and 80 per cent by 2050.
One highlight is $3.8-billion for new grants, rebates and other subsidies to retrofit buildings, and move them off natural gas and onto geothermal, solar power or other forms of electric heat. Many of these programs will be administered by a new Green Bank, modelled on a similar agency in New York State, to provide financing for solar and geothermal projects.
Another is $285-million for electric vehicle incentives, including rebates on electric vehicle purchases and home charging installations and the building of more charging stations at government buildings.
Cutting natural gas, which currently provides 76 per cent of heating, will require mass adoption of green technologies in buildings across the province. The plan lists geothermal systems, air heat pumps and rooftop solar panels as technologies that will be eligible for rebates. It could also require an expansion of the electricity grid. The plan promises, however, to subsidize any increased electricity costs for homeowners. See the full article at Ontario to Spend 7 Billion in Sweeping ClimateChange Plan.
Who We Are
NY-GEO is a nonprofit trade association dedicated to geothermal heating and cooling. Our members include geo designers, installers, manufacturers, drillers consultants and distributors, interested in promoting the use of ground-source heat pumps to heat and cool buildings in New York State.
Geothermal heat pumps (GHPs)* represent a heating and cooling technology that is essential for us to meet the challenges of the 21st Century. The following benefits clearly make the initial capital costs an investment in the future of our local and global communities:
The earth itself is our solar collector
The earth itself is our energy storage system
They harvest renewable energy 24/7 with no need for a backup system
They work to improve utility load factors while reducing peak demand
They utilize local labor to strengthen the local economy
They reduce our dependence on fossil fuels reducing our carbon footprint
They reduce the home energy budget
They are extremely scalable, from low income housing to community loops serving multiple buildings on college campuses (such as the Skidmore Energy Node Project)
They channel natural gas away from home heating towards solving other challenging energy markets, such as industrial needs
NY-GEO has created a state-wide organization focused on raising the visibility and understanding of the geothermal heat pump technology. As stakeholders, we know that understanding the features & benefits associated with GHP results in a genuine excitement about the technology.
We appreciate your support and encourage you to return often to our web site as we will be going through many changes as the organization gains momentum in the marketplace. Please feel free to contact us for any reason regarding geothermal heat pumps.
* Also known as "ground source heat pumps", "geo-exchange systems" or "low temperature geothermal."