Ontario is continuing to lead in the growth of the low-carbon economy with the release of the province's Climate Change Action Plan, which will provide people and businesses with tools and incentives to accelerate the use of clean technology that exists today. Through this plan, the province will continue to reduce greenhouse gas pollution to fight climate change.
Building on Ontario's landmark climate change legislation, the plan will ensure that proceeds from the province's recently finalized cap and trade program are invested in a transparent and accountable way back into green projects that will help households and businesses reduce greenhouse gas pollution and save on their energy costs.
The plan outlines the key actions the government will take to combat climate change, create good jobs in clean tech and construction, increase consumer choice and generate opportunities for investment in Ontario, including:
The Climate Change Action Plan and cap and trade program form the backbone of Ontario's strategy to cut greenhouse gas pollution 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 the plan's implementation annually 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 mid-term 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.
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