Ontario to Offer Electric Car Rebates In $6.5 Billion Climate Action Plan

摘要

Ontario will spend as much as C$8.3 billion ($6.5 billion) through 2020 to reduce its greenhouse gas emissions, betting big on electric vehicles with rebates of as much as C$14,000 ($11,027) a car and 500 charging stations to spur sales. The province's climate change plan relies on revenue from a new cap-and-trade system that will generate C$1.8 billion to C$1.9 billion ($1.4 billion to $1.5 billion) a year, which will be "recycled" to pay for the vehicle rebates, as well incentives for lower pollution building construction and retrofitting apartment buildings to save energy. The money will go into a fund that will be administered separately from general tax revenue, Premier Kathleen Wynne said June 8 in a briefing in Toronto.