Ontario budget has a green push
• 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.
Related News
NY Governor Cuomo Announces Green New Deal Included in 2019 Executive Budget
ALBANY - New York Governor Andrew M. Cuomo announced the Green New Deal, a nation-leading clean energy and jobs agenda that will aggressively put New York State on a path to economy-wide carbon neutrality, is included in the 2019 Executive Budget. The landmark plan provides for a just transition to clean energy that spurs growth of the green economy and prioritizes the needs of low- to moderate-income New Yorkers.
"Climate change is a reality, and the consequences of delay are a matter of life and death. We know what we must do. Now we have to have the vision, the courage,…
