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Ottawa Rethinks Low Carbon Leadership Fund Plans (Funding)
Ontario Cap-and-Trade
Date: 2018-11-14
In Ottawa, Canada, the Liberal government of Prime Minister Justin Trudeau reports it plans to reinvest money allocated to Ontario as part of its Low Carbon Economy Fund in initiatives that improve energy efficiency, reduce emissions, save money and create jobs across Ontario. Trudeau's move comes as a counter to the newly elected populist conservative government of Premier Doug Ford nixed his Liberal predecessor's cap-and-trade program. Details are expected at a future date.

According to Ottawa, the Low Carbon Leadership Fund has made $1.4 billion of investment for climate action available to support provinces and territories, with a priority on energy efficiency which is expected to create 118,000 jobs by 2030, boost the GDP by $356 billion over the next 12 years and save Canadian households an average of $114 a year.

As previously reported, Canada's largest province has a lot to lose from Premier Ford's cap-and-trade cancellation. According to the Ontario Financial Accountability Office, Premier Ford's scrapping of the cap-and-trade program will cost the province $3 billion in lost revenue over the next four fiscal years. The watch dog agency added that the loss of revenue from the cap-and-trade cancellation will be greater than the savings the government will achieve by cancelling spending associated with the program. The Conservative Ford government revised the deficit to $15 billion last month, up from a predicted $11.7 billion. (Source: Gov. of Canada, Canadian Biomass, Various Media, Nov., 2018) Contact: Ontario Financial Accountability Office, Peter Weltman, (416) 644-0702, info@fao-on.org, www.fao-on.org; Office of Ontario Premier Doug Ford, www.ontario.ca/page/premier

More Low-Carbon Energy News Ontario Cap-and-Trade,  Doug Ford,  Cap-and-Trade,  


Ontario Premier Passes Promised Cap-and-Trade Cancellation Legislation (Reg & Leg)
Ontario Cap-and-Trade
Date: 2018-11-02
At Queens Park, the conservative Ontario government of freshman premier Doug Ford reports yesterday's promised passage of Bill-4, formally cancelling the province's cap-and-trade program. The government claims the move will save the average family $260 per year, and reduce costs for Ontario businesses.

With the passage of Bill 4, The Cap and Trade Cancellation Act, the government renewed its pledge to challenge an imposed federal carbon tax and replace it with a "made-in-Ontario" environment plan at an unspecified future date. (Source: Province of Ontario, Various Media, Canadian Biomass 1 Nov., 2018)Contact: Office of Ontario Premier Doug Ford, www.ontario.ca/page/premier

More Low-Carbon Energy News Ontario Cap-and-Trade,  


Ontario Cap-and-Trade Cancellation Will Cost $3Bn (Ind. Report)
Ontario Carbon Tax
Date: 2018-10-17
In Canada's largest province by population (13.6 million) the Ontario Financial Accountability Office is reporting that the loss of revenue caused by the freshman Conservative government of Premier Doug Ford's scrapping of the Province's cap-and-trade program will cost the province $3 billion in lost revenue over the next four fiscal years.

According to the watch dog agency, the loss of revenue from the cap-and-trade cancellation will be greater than the savings the government will achieve by cancelling spending associated with the program. The Conservative Ford government revised the deficit to $15 billion last month, up from a predicted $11.7 billion. (Source: Ontario Financial Accountability Office, CBC News, 16 Oct., 2018) Contact: Ontario Financial Accountability Office, Peter Weltman, (416) 644-0702, info@fao-on.org, www.fao-on.org

More Low-Carbon Energy News Ontario Cap-and-Trade,  Carbon Tax,  


Ford Under Fire for Proposed Cap-and-Trade Repeal (Ind. Report)
Ontario Cap-and-Trade, Greenpeace Canada
Date: 2018-09-14
Environmental advocate Greenpeace Canada reports ait has taken legal action against the Province of Ontario. Greenpeace alleges that Doug Ford, the province's newly elected, populist freshman conservative Premier, and his government failed to hold public hearings on his proposed legislation to kill the province's cap-and-trade program as instituted by the previous liberal government. Since its creation 1n 2017, the system has contributed nearly $2.5 billion to Ontario's coffers.

Under Ontario's unique “Environmental Bill of Rights legislation", Ontario residents have the right to be consulted on significant environmental regulations and legislation. The Greenpeace suit claims the Ford government ignored the Environmental Bill of Rights when it proposed, then announced it would cancel the province's cap-and-trade program.

The Ford administration's Cap-and-Trade Cancellation Act -- Bill 4 -- was introduced in late July. The bill, which has yet to pass the legislature, gives the new Ford administration sweeping power to set its own targets and create its own climate action plan without debate in the legislature nor to be enshrined in law. Along with killing the province's cap-and-trade program, Ford also promised to lower the price of beer to $1 per can. (Source: CP, Various Media, 13 Sept., 2018) Contact: Greenpeace Canada, www.greenpeace.org/canada/en

More Low-Carbon Energy News Greenpeace,  Ontario Cap-and-Trade,  Doug Ford,  


Ford Kills Ontario Cap-and-Trade Funded Energy Efficiency Programs (Ind. Report)
Ontario Cap-and-Trade
Date: 2018-07-05
Following up on our June 22nd coverage, the Canadian Press is reporting newly elected populist Ontario Premier Doug Ford (Progressive Conservative) has revoked the province's carbon pricing cap-and-trade program that was instigated by the former Liberal government of Catherine Wynne. With the goose that layed the golden eggs dead,Ford's administration will begin winding down all green programs funded through the province's cap-and-trade system this week.

In his most recent announcement, Ford noted the province will nonetheless honour existing contracts, orders and projects -- such as energy efficient insulation and window retrofits -- funded by cap-and-trade. Some existing Ontario energy efficiency rebates were being phased out before Ford officially took office last week. The premier says the government will decide on a case-by-case basis whether some initiatives previously funded by the cap-and-trade program will be paid for using tax base revenue.

As previously reported, Ford claimed eliminating the provincial cap-and-trade system will help him deliver on campaign promises Ontario the electorate doesn't realistically expect him to keep -- cutting retail gasoline prices by roughly 4 cents per litre -- which is apparently more important than the roughly $3 billion the carbon tax contributed to the provincial coffers since the system was introduced by the then Liberal government in 2017. And, in a move that rings of Trump political posturing, the new Premier also reportedly promised to lower the price of beer to $1.00 per can in an effort to appeal to his base. (Source: Office of Ontario Premier Doug Ford, Various Media, Canada Press, 3 July, 2018) Contact: Office of Ontario Premier Doug Ford, www.ontario.ca/page/premier

More Low-Carbon Energy News Ontario Cap-and-Trade,  Doug Ford,  Energy Efficiency Program,  


Ontario Renewables, Green Renovation Rebates Chopped (Ind. Report)
Energy Efficiency
Date: 2018-06-22
Hard on the heels of the election of Ontario's new Conservative Premier Doug Ford's announcement to scrap the province's 2017 vintage carbon tax -- cap-and-trade program, a post on the GreenOn.ca website announced the closing of several renewable energy and residential and commercial energy efficiency rebate programs. Existing rebate program commitments will be honoured.

The rebate program was funded through proceeds from the province's cap-and-trade program through a provincial agency called the Green Ontario Fund. Ontario has earned approximately $3 billion in a series of cap-and-trade auctions since the system was introduced by the Liberals last year. (Source: Green Ontario Fund, Bell Media, 20 June, 2018) Contact: Green Ontario Fund, www.GreenOn.ca

More Low-Carbon Energy News Renewable Energy,  Ontario Cap-and-Trade,  Doug Ford,  Energy Efficiency,  Energy Efficiency Rebate,  


Freshman Premier Scraping Ontario Cap-and-Trade to Lower Gasoline, Beer Prices (Ind.Report)
Carbon Tax
Date: 2018-06-15
At Queens Park, Ontario's freshman Conservative premier Doug Ford reports he will give notice of the province's withdrawal from the linked carbon pricing market with Quebec and California and issue clear rules for an "orderly wind down" of the system. The newly elected premier will also instruct his equally wet-behind the ears attorney general to challenge the Liberal federal government of Prime Minister Justin Trudeau rules requiring provinces to establish a carbon tax or have a tax imposed on them by the feds.

According to Ford, eliminating the cap-and-trade system will help him deliver on a campaign promise that the electorate doesn't expect him to keep -- cutting retail gasoline prices by roughly 4 cents per litre -- which is apparently more important to him than the roughly $3 billion the carbon tax contributed to the provincial coffers since the system was introduced by the then Liberal government in 2017. And, in a move that rings of Trump political posturing, the new Premier also reportedly promised to lower the price of beer to $1.00 per can in an effort to appeal to his base. (Source: Various Media, Canada Press, 15 June, 2018)

More Low-Carbon Energy News Ontario Carbon Tax,  Ontario Cap-and-Trade,  


Ontario Greens Support Cap-and-Trade, Carbon Tax (Ind. Report)
Ontario Carbon Tax
Date: 2018-06-01
Speaking in Ontario, Casey Laonde, the Canada Green Party candidate in the riding of Timiskaming-Cochrane said her party supports a cap-and-trade system where money collected under the system is re-distributed to taxpayers much in the same way that people now get a GST refund cheque.

In the upcoming June 7 Ontario provincial election, the Progressive Conservative candidate, Doug Ford, is calling for the abolition of the sitting Liberal government of Premier Kathleen Wynne's carbon cap-and-trade program which, according to the Ontario Ministry of the Environment, generated an estimated $471 million for the province in the first joint Ontario, Quebec, California cap-and-trade program auction held February 21, 2018. The funds will be invested in programs that will reduce greenhouse gas pollution and help families and businesses reduce their own emissions through the province's Climate Change Action Plan. (Source: Green Party of Canada, MyWestNippisingNow, 31 May, 2018) Contact: Green Party of Canada, www.greenparty.ca

More Low-Carbon Energy News Ontario Cap-and-Trade,  Carbon Tax,  


Gore Touts Ontario's "Superior" Cap-and-Trade System (Ind. Report)
Ontario Carbon Tax
Date: 2018-03-12
In his recent Toronto meetings with Liberal Ontario Premier Kathleen Wynne, former U.S. democratic presidential hopeful, VP and climate change fight pioneer Al Gore praised the province's recently mandated cap-and-trade system as "superior" to a carbon tax in fighting climate change. According to Gore, cap-and-trade lets government work directly with emitters to cut carbon emissions over time.

Ontario's 2017 vintage cap-and-trade system is aimed at lowering greenhouse gas emissions by putting caps on the amount of pollution companies in certain industries can emit. To date, the system has contributed nearly $2.5 billion to Ontario's coffers. (Source: Various Media, Canadaian Press, 8 Mar., 2018) Contact: Ontario Premier Kathleen Wynne, Ontario Ministry of the Environment and Climate Change, (416) 235-5743, www.ontario.ca/page/ministry-environment-and-climate-change

More Low-Carbon Energy News Ontario Cap-and-Trade,  Ontario Carbon Tax,  Cap-and-Trade,  


Cap-and-Trade Auction Results Released (Ind. Report)
Ontario
Date: 2018-03-02
The Ontario Ministry of the Environment reports the first joint Ontario, Quebec, California cap-and-trade program auction held February 21, 2018, sold 98,215,920 current (2016 and 2018 vintage) greenhouse gas emission allowances at $18.44(Cdn) and 8,576,000 future (2021 vintage) allowances at $18.34(Cdn). The auction generated an estimated $471 million to the Province of Ontario which will be invested in programs that will reduce greenhouse gas pollution and help families and businesses reduce their own emissions through the province's Climate Change Action Plan.

The auction was administered by the Ontario Ministry of the Environment and Climate Change, the Quebec Ministere du Developpement durable de l'Environnement et de la Lutte contre les changements climatiques and the California Air Resources Board, using services contracted by the Western Climate Initiative (WCI) Inc., with oversight from an independent market monitor to ensure the integrity of the process.

Download a summary report of the results HERE. (Source: Ontario Minister of the Environment and Climate Change, PR, 28 Feb., 2018) Contact: Ministry of the Environment and Climate Change, Hon. Chris Ballard, Minister, Anna Milner, (416) 314-6736, Anna.Milner@ontario.ca; WEstern Climate Initiative, www.westernclimateinitiative.org

More Low-Carbon Energy News Ontario Cap-and-Trade,  Carbon Market,  Climate Change,  Carbon Emissions,  


Univ. of Toronto Awarded $26Mn Green Project Funding (Funding)
University of Toronto
Date: 2018-02-21
In Ontario, Canada's largest university, the University of Toronto reports plans to leverage $26.7 million in new provincial innovation funding to launch "green" projects across its three campuses as part of a program to reduce current and future greenhouse gas emissions. The new funding will be combined with $15.3 million previously earmarked for energy efficiency initiatives. The university aims to cut carbon emissions by nearly 12,000 tonnes by the year 2021.

The money, which includes access to $44 million in interest free loans, comes from the proceeds of the province's cap-and-trade program, an integral part of Ontario's climate change action plan that calls for cutting greenhouse gas emissions by 80 pct by 2050. To date, the university's downtown Toronto campus has reduced reduce its carbon footprint by 50,000 tonnes over the past decade despite while adding 25 new buildings and increasing the student population by 50 pct. (Source: University of Toronto Newqs, 13 Feb., 2018) Contact: University of Toronto, www.utoronto.ca

More Low-Carbon Energy News Carbon Footprint,  GHGs,  Ontario Cap-and-Trade,  


Ontario Earmarks $200Mn for School Energy Efficiency (Ind. Report)
Ontario Cap-and-Trade
Date: 2018-01-15
More than 600 schools in the Canadian Province of Ontario are expected to share $200 million in proceeds from the provincial cap-and-trade program. The funds are earmarked for school energy efficiency upgrades and renewable energy installation province wide. energy efficient.

The cap-and-trade cash is part of the $1.4 billion schools received this fiscal year fora backlog of repairs and other work estimated at $15 billion. (Star: Ontario Ministry of Education, Star, 12 Jan., 2018) Contact: Ontario Education Minister Mitzie Hunter, mitziehunter.onmpp.ca

More Low-Carbon Energy News Ontario Cap-and-Trade,  Energy Efficiency,  


Ontario Set for Last Independent Cap-and-Trade Auction (Ind. Report)
Cap-and-Trade
Date: 2017-12-01
Ontario has completed its final cap-and-trade auction before entering a joint market with Quebec and California in 2018. Since launching the provincial cap-and-trade earlier this year, the province completed three sell-out auctions and realized almost $1.5 billion for green projects.

As of Jan. 1, Ontario will join Quebec and California's carbon market, which has also seen three sold out auctions in a row for current credits. (Source: Western Star, Various Media, Canadian Pres, 29 Nov., 2017)

More Low-Carbon Energy News Ontario Carbon Market,  Ontario Cap-and-Trade,  Cap-and-Trade,  Carbon Market,  


BlueSource, Haliburton Forest Tout GHG Partnership (Ind Report)
Bluesource Canada
Date: 2017-09-18
In Ontario, the 100,000-acre Haliburton Forest and Wildlife Reserve reports it has partnered with GHG carbon offsets developer Bluesource Canada to leverage the value generated by the Ontario carbon market to commit to long-term stewardship that maximizes CO2 emissions sequestered by the forest.

The privately-owned Haliburton Forest, which has pledged to undertake sustainable forest management practices that will generate 75,000 tpy of additional GHG reductions over the long-term, currently sequesters an estimated 8 million tpy of CO2 and will continue to sequester amounts that significantly exceed what would have occurred through common-practice forest management.

The long-term commitment to reducing GHG emissions will be made in the context of a GHG offset protocol being developed by the Ontario Government as part of the cap-and-trade program. The impending forest management protocol will create binding obligations on Haliburton Forest that provide the security that the GHG reductions will be permanent. (Source: BlueSource Canada, 15 Sept., 2017) Contact: BlueSource Canada, Jamie MacKinnon, VP of Environmental Solutions, (416) 427- 4888, info@bluesource.com, www.bluesource.com; Haliburton Forest, Malcolm Cockwell, Managing Director, www.haliburtonforest.com

More Low-Carbon Energy News Ontario Carbon Market,  Carbon Sequestration,  Ontario Cap-and-Trade,  Bluesource,  Forest Carbon,  Carbon Sequestration,  


Ontario $24Mn Cap-and-Trade Cash for Green Job Training (Ind. Report)
Ontario, Cap-and-Trade
Date: 2017-08-14
At Queen's Park in Toronto, the Ontario Government is offering $24 million in funding from the new provincial cap-and-trade program to help labour training centres develop and educate high skilled workers for low-carbon, energy efficient green building jobs. To access the one-year program, training centres must apply for part of the funding.

As previously reported, the province is expecting approximately $1.3 billion in revenue from the newly created cap-and-trade program in 2017 -- the programs first year. (Source: Ontario Minister of the Environment and Climate Change, CBC News. 10 Aug., 2017) Contact: Ontario Minister of the Environment and Climate Change, (416) 212-7307, https://www.ontario.ca/ministry-environment-and-climate-change

More Low-Carbon Energy News Ontario Cap-and-Trade,  

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