Program to Reduce Canadian Manufacturer's GHGs & Improve Energy Efficiency

THE Canadian Manufacturers & Exporters (CME) have launched their new SMART Green Program in partnership with the Government of Ontario this week which highlights how important it is to be energy efficiency while reducing greenhouse gas (GHG) emissions.

Ian Howcroft, CME Vice President, Ontario, stated about the program, ”We are proud of the significant progress manufacturers have already made on improving energy efficiency and reducing green house gas emissions.

"The $25 million SMART Green Program provides an opportunity to continue to invest in measures that will improve the environment, mitigate costs associated with carbon and improve competitiveness. It is a great example of a partnership with government that we can build on."

The Program is open to small and medium sized manufacturers across Ontario providing assistance through non-repayable grants of 50% of costs up to $200,000. The Program will help to improve the competitiveness of the Ontario manufacturing supply chain by not only delivering value to the eligible manufacturers, but also by contributing to Ontario's 2020 targets for GHG emissions reduction.

The Program is aimed at supporting investments in technology and process improvements by manufacturers, which result in GHG emissions intensity reductions and/or avoidance through upgrades to process/production equipment, also delivering energy efficiency and leading to productivity improvements. This in turn will lead to lower GHG emissions on per-production-unit basis; more specifically, where improvements will include new process and/or production equipment installation and associated costs.

Source: Canadian Manufacturers & Exporters.

Friday 11th November 2016

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