Ontario budget has a green push
TORONTO, ONTARIO - Looking to the future of the "green" economy, the Ontario budget has earmarked millions of dollars in a push to get beyond carbon-based fuels blamed for global warming. Some details:
• A $250 million, five-year "emerging technologies fund" to encourage investments in green technology firms.
• A $50 million boost for the "innovation demonstration fund," which helps companies find commercial uses for emerging technologies – preferably in biofuels and alternative energy.
• $30 million a year for the government to use its own "buying power" to purchase emerging green technologies developed in Ontario, showcasing them for potential customers around the world.
• $50 million over five years to help finance research, capital and demonstration projects leading toward a "smart" electricity grid in Ontario.
• $8 million annually to encourage broader public-sector institutions, such as hospitals, colleges and universities, to serve food products grown and made in Ontario, reducing transportation of imports.
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The City of Vancouver is hosting an ABB FIA Formula E World Championship race next year, organizers have announced
VANCOUVER - The City of Vancouver is hosting an ABB FIA Formula E World Championship race next year, organizers have announced.
The all-electric race is being held in the city's False Creek neighbourhood over the 2022 July long weekend, according to promoter OSS Group Inc.
Earlier this year, Vancouver city council voted unanimously in support of a multi-day Formula E event that would include a conference on climate change and sustainability.
"Formula E is a win on so many levels, from being a net-zero event that supports sustainable transportation to being a huge boost for our hard-hit tourism sector, our residents and our…
