$1 Billion Kyoto Plan On the Way in Canada
WA—The federal government is set to announce more than $1 billion in new programs, including energy efficiency rebates for homeowners, under its long-awaited plan for meeting Canada's promise to combat global warming under the Kyoto Protocol.
Sources say a team of cabinet ministers, including Natural Resources Minister Herb Dhaliwal, Environment Minister David Anderson, Industry Minister Allan Rock and possibly Prime Minister Jean Chrétien, are scheduled to unveil the spending program after a cabinet meeting Tuesday.
The funding plan includes money for rebate programs for both home and commercial building retrofits, as well as support for renewable fuels and environmental technologies.
Sources said a large chunk of the money — approximately $150 million — would be allotted to finance partnerships involving provinces and territories. Those governments will be able to spend the money as they see fit, for example, providing grants to municipalities, industry and non-profit groups.
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