Ontario is joining an initiative which aims to compel companies to reduce their greenhouse gas emissions. (Ontario is the 2nd largest polluter in Canada, behind Alberta.)
The province is now part of the Western Climate Initiative (WCI), which includes British Columbia, Manitoba, Quebec and seven U.S. states.
A key to the initiative is a so-called cap-and-trade system, which allows polluters to buy credits from greener companies.
Premier Dalton McGuinty says Ontario is "proud to be welcomed into this important organization of climate-change leaders."
Environment Minister John Gerretsen calls the cap-and-trade system "fair and effective (and) economically and environmentally sound."
Ontario and Quebec had earlier signed their own cap-and-trade deal on June 2 during a joint cabinet session.
The cap-and-trade system is scheduled to be in place by 2010.
Subscribe to:
Post Comments (Atom)
Popular Posts
-
Global warming is more than a third to blame for a major drop in rainfall that includes a decade-long drought in Australia and a lengthy dry... -
Below are 21 examples of green architecture. I think one of the reasons we don't see a lot more green architecture is that there is no o... -
A new green-energy law is coming to Ontario, combined with long-term incentives for solar energy producers. The new law (the Green Energy ... -
Residents of big cities face greater threat to breathing hazards and death due to pollution, a new study finds. According to the study lon... -
ENVIRONMENT / CANADA - It will be a difficult winter for greenhouses. Growing vegetables in a glasshouse is much more expensive when the ou... -
Ontario is contemplating building a garbage incinerator and has contacted North America's largest incinerator company to build and oper... -
Top climate scientists warned today that rising sea levels could rise twice as much as previously projected in 2007. Right: NASA Photo of... -
Asia's largest maker of wind turbines is thinking of setting up in Ontario for a new manufacturing plant, believing Ontario has the righ... -
BELGRADE, Serbia – Poor water and air quality, and environmental changes blamed largely on industrialized nations have cut Europeans' li... -
The Arctic is warming up so quickly that the region's sea ice cover could vanish as early as summer 2013, decades earlier than previousl...
No comments:
Post a Comment