Ontario’s Alternative Energy Push

My respect for Canada has just gone up another notch…

A raft of subsidies and other incentives is making Ontario a hot spot for solar panel manufacturers and others in alternative energy.

This week, the province’s government announced a $610 million fund to develop a green technology industry and attract carmakers and solar panel makers. Municipalities will also be able to dip into a separate $206 million fund for retrofitting buildings.

Additionally, the province has unfurled programs that eliminate sales tax on Energy Star-rated lightbulbs and appliances for a year, offer homeowners up to about $4,689 to install energy-efficient appliances, and set a goal to see 100,000 homes go solar. A pilot program will also extend zero-interest loans to homeowners who install renewable energy systems. These build on other programs designed to increase solar power demand.

Overall, Ontario wants to reduce greenhouse gas levels to 6 percent below 1990 levels by 2014, 15 percent below those levels by 2020, and 80 percent below 1990 levels by 2050.

[Source: CNet News]

And just across Canada’s southern border… Oh well, we all know the story…