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The first component of the initiative, ecoENERGY for Renewable Power, will invest $1.48 billion to boost Canada’s supply of clean electricity from renewable sources like wind, biomass, small hydro and ocean energy. A ten-year incentive program will be established to fund eligible projects to be constructed over the next four years.
The second component, ecoENERGY for Renewable Heat, will provide more than $35 million incentives and industry support to increase the adoption of clean renewable thermal technologies for water and space heating in buildings such as solar air and hot water heating. In addition, projects for residential solar heating technologies will be explored with partners such as utilities and community organizations.
A series of Conservative environmental announcements was capped Sunday with news the government pledges $300 million to help Canadians make their homes more energy efficient.
The program will give homeowners an average grant of $1,000, ranging up to a possible $5,000, said Natural Resources Minister Gary Lunn in Toronto on Sunday.
The grants will come in the form of cash, not a tax rebate. The $1,000 grants will help reduce homeowners' energy costs by 30 per cent, he said.
Tories pledge $300M to boost energy efficiency
Originally posted by Duzey
1) Go green, cutting the Liberal and Green party off at the knees
2) Give Quebec everything they ask for to secure seats
3) Bribe the environmentalists in BC - who happen to live on the coast where - tada! - Stanley Park and the rainforest are
4) Break promises to Alberta and Saskatchewan because who else are they going to vote for?