Canada Invests Millions to Reduce GHG Emissions

The Canadian government will spend C$425 million on 28 initiatives to reduce the emission of greenhouse gases.

OTTAWA, Ontario, CA, 2001-12-18 [SolarAccess.com] “The initiatives we’re announcing today reach out to all Canadians and all sectors of our economy, and they will put us significantly closer to meeting our climate change goals,” says energy minister Ralph Goodale. “They demonstrate our determination to continue leading the way on climate change and our commitment to finding solutions.” “We are putting these tools in place to continue the partnership between governments, industry, and all Canadians in addressing climate change,” adds his colleague, environment minister David Anderson. “These initiatives will offer Canadians choices for cleaner energy, more energy-efficient buildings and homes, and greener transportation.” The 28 initiatives will reduce Canada’s GHG emissions by 23.7 megatonnes by 2010. The funding is part of the government’s $1.1 billion five-year commitment made last October which is designed to reduce GHG emissions by 65 megatonnes, or one one-third of Canada’s commitment under the Kyoto Protocol of 1997. Among the initiatives are: – $30 million to the Commercial/Institutional Buildings Retrofit Initiative that provides incentives and advice to implement energy-efficient retrofit projects on existing facilities to reduce energy consumption; – $35 million to the Energy Efficient Housing Initiative to build on the EnerGuide for Houses program by promoting the construction of energy- efficient houses; – $19 million to the Technology Innovation Program to accelerate development of cost-effective GHG mitigation technologies; – $25 million to the Clean Development Mechanism / Joint Implementation Office to support efforts by Canadian companies to obtain GHG credits in other countries; – $3 million for the Canadian Industry Program for Energy Conservation to include the electricity generation sector; – $25 million for the Carbon Dioxide Capture & Storage Initiative to commercialize technologies used in the capture and storage of CO2 underground; – $3 million for the Future Fuels Program to increase the supply of ethanol produced from biomass, so 25 percent of Canada’s gasoline supply will contain 10 percent ethanol. The program provides for contingent loan guarantees to boost ethanol fuel production. The funding includes initiatives for science, research and public education. Based on international negotiations last month, the Kyoto Protocol will take effect after it has been ratified by at least 55 countries, representing 55 percent of industrial countries’ emissions. Prime Minister Jean Chrétien says the agreement opens the door for Canada to consider a decision on ratification in 2002.
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