• About
    • Which Energy Mix is this?
  • Climate News Network Archive
  • Contact
The climate news that makes a difference.
No Result
View All Result
The Energy Mix
  • Canada
  • UK & Europe
  • Fossil Fuels
  • Ending Emissions
  • Community Climate Finance
  • Clean Electricity Grid
  • Cities & Communities
SUBSCRIBE
DONATE
  • Canada
  • UK & Europe
  • Fossil Fuels
  • Ending Emissions
  • Community Climate Finance
  • Clean Electricity Grid
  • Cities & Communities
SUBSCRIBE
DONATE
No Result
View All Result
The Energy Mix
No Result
View All Result
  • Canada
  • UK & Europe
  • Fossil Fuels
  • Ending Emissions
  • Community Climate Finance
  • Clean Electricity Grid
  • Cities & Communities
  FEATURED
Biden Approves $8B Oil Extraction Plan in Ecologically Sensitive Alaska March 14, 2023
U.S. Solar Developers Scramble after Silicon Valley Bank Collapse March 14, 2023
$30.9B Price Tag Makes Trans Mountain Pipeline a ‘Catastrophic Boondoggle’ March 14, 2023
UN Buys Tanker, But Funding Gap Could Scuttle Plan to Salvage Oil from ‘Floating Time Bomb’ March 9, 2023
Biden Cuts Fossil Subsidies, But Oil and Gas Still Lines Up for Billions March 9, 2023
Next
Prev

TAF Urges $27-Billion Federal Investment for ‘Well-Functioning Deep Retrofit Market’

March 1, 2021
Reading time: 2 minutes

Low Energy Retrofit South Bucks/YouTube

Low Energy Retrofit South Bucks/YouTube

22
SHARES
 

The federal government should build on the work of the 2020 Task Force for a Resilient Recovery by investing at least C$27 billion in resilient, energy-efficient buildings and directing the dollars to help build an effective deep retrofit industry, The Atmospheric Fund recommends in its 2021 pre-budget submission.

The TAF submission endorses the original task force recommendations and adds “specific actions on how retrofit programs should be shaped and funded to best support carbon reduction, health, affordability, and fairness,” the Toronto-based organization writes. “These crucial steps are ultimately intended to affect retrofit market transformation.”

  • Concise headlines. Original content. Timely news and views from a select group of opinion leaders. Special extras.
  • Everything you need, nothing you don’t.
  • The Weekender: The climate news you need.
Subscribe

TAF calls for $2 billion over five years to maximize carbon reductions and community benefits through deep retrofits, at least $100 million over five years to “help create a well-functioning deep retrofit market”, and at least $30 million over five years to introduce low-carbon equipment for the building sector, writes Bryan Purcell, the organization’s vice president of policy and programs.

“Retrofit funding is widely acknowledged as one of best ways to create jobs, creating an estimated 23 job-years per $1 million invested,” Purcell explains. “But activity today is focused on shallow retrofits—not enough to meet Canada’s net-zero emissions goal.”

That means the country “must rapidly develop and transition the building industry to focus on deep retrofits (targeting greater than 40% carbon reduction) to hit our climate commitments. Based on a decade of experience demonstrating this type of retrofit, from installing electric heat pumps to replacing toilets and smart thermostats, we know building owners and operators need significant support.”

Purcell notes that Ottawa has already committed $6.1 billion to make energy retrofits more affordable for home and building owners. “This, combined with the climate plan’s increase in carbon price, bodes well for enabling more rapid undertaking of retrofits in Canada, but alone it is not enough,” he writes. “Funding must be specifically for deep retrofits, and must include complimentary funding for retrofit market development: activities which ensure we have the work force, market demand, quality of service, and process standardization to yield the economic, social, and environmental outcomes retrofits offer.”

If the government takes TAF’s recommendations onboard, Purcell says it will find willing allies ready to step up. “Signals from our partners in local government, housing providers, construction trades, and private investors tell us that a broad spectrum of the market is ready to roll up their sleeves,” he writes.



in Buildings, Canada, Cities & Communities, Climate & Society, Community Climate Finance, Demand & Distribution, Demand & Efficiency, Ending Emissions, Jobs & Training, Jurisdictions, Renewable Energy, Sub-National Governments

The latest climate news and analysis, direct to your inbox

Subscribe

Related Posts

U.S. Bureau of Land Management/flickr
Oil & Gas

Biden Approves $8B Oil Extraction Plan in Ecologically Sensitive Alaska

March 14, 2023
81
David Dodge, Green Energy Futures/flickr
Community Climate Finance

U.S. Solar Developers Scramble after Silicon Valley Bank Collapse

March 14, 2023
119
EcoAnalytics
Media, Messaging, & Public Opinion

Canadians Want Strong Emissions Cap Regulations, Not More Missed Targets

March 14, 2023
92

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

Trending Stories

Behrat/Wikimedia Commons

Hawaii Firm Turns Home Water Heaters into Grid Batteries

March 14, 2023
359
U.S. National Transportation Safety Board/flickr

$30.9B Price Tag Makes Trans Mountain Pipeline a ‘Catastrophic Boondoggle’

March 14, 2023
173
David Dodge, Green Energy Futures/flickr

U.S. Solar Developers Scramble after Silicon Valley Bank Collapse

March 14, 2023
119
EcoAnalytics

Canadians Want Strong Emissions Cap Regulations, Not More Missed Targets

March 14, 2023
92
U.S. Bureau of Land Management/flickr

Biden Approves $8B Oil Extraction Plan in Ecologically Sensitive Alaska

March 14, 2023
81
moerschy / Pixabay

Fringe Conspiracy Theories Target 15-Minute City Push in Edmonton, Toronto

February 22, 2023
1.6k

Recent Posts

Raysonho/wikimedia commons

Purolator Pledges $1B to Electrify Last-Mile Delivery

March 14, 2023
59
United Nations

UN Buys Tanker, But Funding Gap Could Scuttle Plan to Salvage Oil from ‘Floating Time Bomb’

March 10, 2023
90
Gage Skidmore/Wikimedia Commons

Biden Cuts Fossil Subsidies, But Oil and Gas Still Lines Up for Billions

March 10, 2023
177
jasonwoodhead23/flickr

First Nation Scorches Imperial Oil, Alberta Regulator Over Toxic Leak

March 8, 2023
368
MarcusObal/wikimedia commons

No Climate Risk Targets for Banks, New Guides for Green Finance as 2 Federal Agencies Issue New Rules

March 8, 2023
236
FMSC/Flickr

Millions Face Food Insecurity as Horn of Africa Braces for Worst Drought Ever

March 8, 2023
247
Next Post
Laurent Vincenti/wikimedia commons

Five Colossal Fossils Lose $76 Billion in 2020 as Energy Transition Speeds Up

The Energy Mix - The climate news you need

Copyright 2023 © Energy Mix Productions Inc. All rights reserved.

  • About
  • Contact
  • Privacy Policy and Copyright
  • Cookie Policy

Proudly partnering with…

scf_withtagline
No Result
View All Result
  • Canada
  • UK & Europe
  • Fossil Fuels
  • Ending Emissions
  • Community Climate Finance
  • Clean Electricity Grid
  • Cities & Communities

Copyright 2022 © Smarter Shift Inc. and Energy Mix Productions Inc. All rights reserved.

Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behaviour or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage vendors Read more about these purposes
View preferences
{title} {title} {title}