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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,  

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