June 08, 2016
MPP Michael Chan is pleased to announce that Ontario is leading the fight against climate change with the release of the province’s Climate Change Action Plan. Through the plan, Ontario will invest up to $8.3 billion in projects in communities across the province that will reduce greenhouse gas emissions, create jobs and help people and businesses transition to a low-carbon economy.
The plan lays out the specific commitments Ontario is making to help meet its near-term 2020 emissions reduction targets, and establishes the framework necessary to meet its targets in 2030 and 2050.
“I am intensely proud that our government is doing its part, leading by example with this bold, practical plan to fight climate change and the serious threat it represents to our quality of life. The Climate Change Action Plan details a comprehensive path to grow a low-carbon economy that will contribute to a healthier future here in Markham-Unionville and across Ontario.”
— Michael Chan, M.P.P., Markham-Unionville
Building on Ontario’s landmark climate change legislation, the plan will ensure proceeds from the province’s recently finalized cap and trade program are invested in a transparent and accountable way back into projects that will help households and businesses reduce emissions and save on their energy costs.
The plan supports actions in communities like Markham-Unionville to combat climate change, create good jobs in clean tech and construction, and generate opportunities for investment, including:
The Climate Change Action Plan and cap and trade program form the backbone of the Ontario’s strategy to cut emissions to 15 per cent below 1990 levels by 2020, 37 per cent by 2030 and 80 per cent by 2050. The government will report on and renew the plan every five years.
The Climate Change Action Plan builds on Ontario’s leadership in the fight against climate change, including setting a 2030 target for greenhouse gas pollution reduction, hosting the successful Climate Summit of the Americas in July 2015, ending coal-fired electricity generation, and electrifying and improving Ontario’s commuter rail network.
Fighting climate change while supporting growth, efficiency and productivity is part of the government’s economic plan to build Ontario up and deliver on its number-one priority to grow the economy and create jobs. The four-part plan includes investing in talent and skills, including helping more people get and create the jobs of the future by expanding access to high-quality college and university education. The plan is making the largest investment in public infrastructure in Ontario’s history and investing in a low-carbon economy driven by innovative, high-growth, export-oriented businesses. The plan is also helping working Ontarians achieve a more secure retirement.
“Ontario is proud to be a world leader in the fight against climate change. We are committed to creating a low-carbon economy that will drive innovation, create more opportunities for business and industry, and generate high-value jobs. Our government’s Climate Change Action Plan is laying the foundation for cleaner air, a healthier environment, a stronger economy and a better future for our children and grandchildren.”
— Kathleen Wynne, Premier of Ontario
Ontario’s Cap and Trade Program