Ontario homeowner programs under development, may support geothermal: MOECC
March 2, 2017 By Ground Water Canada
Toronto – The Ontario Ministry of the Environment and Climate Change provided an update on the development of homeowner program incentives, which may include programs to support geothermal installations.
In June 2016, Ontario released a Climate Change Action Plan setting out actions to help the province meet its 2020, 2030 and 2050 greenhouse gas emission reduction targets. The Action Plan committed to the creation of a new entity to complement Ontario’s cap and trade program by using a portion of proceeds to significantly increase use of low-carbon technologies that will help households, small and medium enterprises and industry reduce their carbon footprints.
“Homeowner programs are under development and the most recent milestone was the creation of the Ontario Climate Change Solutions Deployment Corporation recently posted on the Environmental Registry,” ministry spokesperson Lamine Bekkout told Ground Water Canada.
“The corporation’s activities will focus on reducing market barriers to deployment of low-carbon technologies, including through improved access to information, incentives, and strategic use of financial de-risking tools to encourage greater private sector investment, emphasizing absolute greenhouse gas reductions through activities such as fuel-switching, energy storage, use of renewable energy and deep energy retrofits.”
These activities, which are still under development, may include programs to support geothermal installations, Bekkout said.
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