A Climate Plan that Meets our Needs and is Fiscally Attainable
The Ontario Greensâ€™ climate plan is the most comprehensive of all the partiesâ€”and the result of exhaustive consultation with scientists, economists and other jurisdictions across the globe. We went to great lengths to make sure this plan offers the change Ontario needs within the timeline we have leftâ€”while being financially attainable.Â
As a result, the details of how we plan to crush carbon pollution, restore water and nature, and create policies that allow us to succeed together (leaving no one behind) are far too lengthy to include here (but, rest assured, you can find them here).
To give you an idea of what it entails, however, hereâ€™s the too-long-didnâ€™t-read (TLDR) version:
The total cost of our climate scheme. Combined with other measures, the plan will be cost-neutral by 2026.
The amount our plan will cut Ontarioâ€™s GHG emissions by 2030.
The year Ontario will become Net Zero under our plan.Â
The amount we will reduce the use of fossil fuels in buildings by 2030. By 2040, 40% of homes and workplaces will be retrofitted.
Incentives to encourage both individuals and transit operators to invest in electric vehicles.
The size of Ontarioâ€™s new Climate Adaptation Fund would help municipalities invest in making environmentally conscious infrastructure.
A â€œclimate bonusâ€ to increase wages and social support for people most affected by the transition to a greener economy.
Where will the money come from?
Redirected energy subsidies
Saved by easing traffic congestion
Generated from a 3% climate surcharge tax on Ontarioâ€™s highest-earning 10%.Â
If Ontario wants to attract jobs and investment in the trillion-dollar clean economy, we need to show that weâ€™re a province that takes climate change seriously. Learn more about the Climate Economy and the Ontario Green’s Climate Plan at https://gpo.ca/platform/new-climate-economy/.