The Ontario government has officially released Ontario's
Five Year Climate Change Action Plan 2016-2020.
The proposed Climate Change Action Plan was leaked three weeks
ago and the officially released version is substantially similar to
the leaked version. The Bennett Jones Climate Change &
Emissions Trading Group previously
summarized the relevant details of the leaked version.
The Climate Change Action Plan is intended to create a wide
variety of tools and incentives to reduce greenhouse gas emissions
in the province. Whereas previous government policy in this area
has focused on greening the province's electricity grid, the
Climate Change Action Plan is focusing on the following sectors:
transportation, buildings, land use planning, government, and
collaboration with First Nations and Métis communities.
It is expected that proceeds generated from the recently passed
Climate Change Mitigationand Low-Carbon
Economy Act and its related Cap-and-Trade Program
Regulation will be $1.8 billion to $1.9 billion per year
and such funds will be used to pay for the tools and incentives
detailed in the Climate Change Action Plan.
The Bennett Jones Climate Change & Emission Trading Group
would be pleased to discuss with you the potential impacts and
opportunities flowing from Ontario's various climate change
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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