Geothermal HVAC heats up

Categories: News
Published on: July 19, 2016

Lexology / Aird & Berlis LLP / 18 July 2016

Geothermal energy is starting to heat up in Ontario. Once considered too costly for domestic household use, recent policy moves by the province have demonstrated political – and financial – support for an expansion of geothermal HVAC technologies in the coming decades. The recently released Climate Change Action Plan has set out a series of programs that are intended to help the province achieve its targets for reducing greenhouse gas emissions to 15% below 1990 levels by 2020, 37% by 2030 and 80% by 2050.

Emissions from buildings account for almost one quarter of Ontario’s greenhouse gas emissions – in large part due to the demands for indoor heating and cooling in our highly variable climate. To reduce these emissions, the Action Plan aims to encourage the widespread implementation of low-carbon technologies for new and retrofitted buildings by providing up to $3 billion in grants, rebates and subsidies.

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