December 15, 2017
Ontario to Offer Rebates for Businesses Buying Low-Carbon Vehicles
Ontario is helping businesses reduce their carbon impact through a new program that helps companies buy low-carbon vehicles and fuel-saving devices. This investment is part of Ontario’s Climate Change Action Plan and is funded by proceeds from the province’s cap on pollution and carbon market.
The Green Commercial Vehicle Program will provide rebates towards the purchase of alternative-fuel vehicles and fuel-saving devices, making it more affordable for businesses to own and operate greener vehicles. Eligible vehicles and devices include electric and natural gas-powered trucks, aerodynamic and anti-idling devices, and electric refrigeration units. Applications for the program will start in early 2018.
Making it easier for businesses to reduce their carbon footprint is part of Ontario’s plan to create fairness and opportunity during this period of rapid economic change. The plan includes a higher minimum wage and better working conditions, free tuition for hundreds of thousands of students, easier access to affordable child care, and free prescription drugs for everyone under 25 through the biggest expansion of medicare in a generation.
Quick Facts
- Eligible vehicles and devices purchased after September 1, 2017 will qualify for the rebate.
- n 2015, the transportation sector accounted for about a third of Ontario’s greenhouse gas emissions.
- Greenhouse gas emissions from road-based movement of freight in Ontario have doubled from 1990 to 2014.
- The Climate Change Action Plan and carbon market 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.
Additional Resources
Read the Original PressRelease