2011 Federal Budget Invests in Canadian Energy Efficiency and New Technologies Initiatives
Will Capitalize on Benefits of Natural Gas
OTTAWA, Canadians will benefit from a suite of energy efficiency and energy technology initiatives said the Canadian Gas Association in response to the 2011 federal budget.
The Government of Canada's 2011-12 federal budget unveiled today included the following commitments:
- $400 million in 2011-12 for the ecoENERGY Retrofit - Homes program to help homeowners make their homes more energy efficient.
- Providing renewed funding of almost $100 million over two years for research, development and demonstrations of clean energy and energy efficiency.
- Expanding eligibility for the accelerated capital cost allowance for clean energy generation equipment, including the use of renewable natural gas supplies.
- $97 million over two years to renew funding for technology and innovation in the areas of clean energy and energy efficiency and $8 million over two years to renew funding to promote the deployment of clean energy technologies in Aboriginal and Northern communities.
- $86 million over two years to support clean energy regulatory actions with a focus on energy efficiency.
- $48 million over two years to develop transportation sector regulations and next-generation clean transportation initiatives.
- $40 million over two years for grants to Sustainable Development Technology Canada to continue to support the development and demonstration of new clean technology projects under the clean air and climate change component of the SD Tech Fund.
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