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Québec to invest $900 million in energy efficiency
Environment Minister Benoit Charette presented a 4th update of the Plan for a Green Economy 2030. This plan is now endowed with more than $10 billion over 5 years. For the first time, it includes a component on energy efficiency and sobriety.
WHAT IS ENERGY SOBRIETY?
In the current context of energy transition, energy efficiency is a priority for property owners and managers. It’s a set of practices designed to reduce energy consumption without sacrificing comfort or the services offered to occupants. By optimizing the use of energy resources, adopting more efficient technologies and raising user awareness of responsible consumption, energy sobriety helps to reduce buildings’ operating costs and carbon footprint. This strategic investment not only meets growing environmental demands, but also contributes to the long-term value of real estate assets.
What does the plan update include?
The revised implementation plan focuses on two very important fronts: the fight against greenhouse gas emissions and adaptation to climate change.
Here’s what’s included in this update1..:
- 4.0 billion to reduce GHG emissions in the transportation sector;
- More than $2 billion to maintain and develop public transit and its electrification, and to support active transportation;
- 1.5 billion to accelerate the electrification of light vehicles;
- 1.7 billion to support the decarbonization of industries and $1.5 billion to make buildings more sustainable;
- 1 billion to reduce GHG emissions by using renewable energies other than electricity.
The Legault government estimates that the measures it has just announced will enable it to achieve 67% of its climate target – which is to reduce Quebec’s GHG emissions by 37.5% below 1990 levels by 2030.
Concrete measures for a lasting impact
For the first time, the Plan de Mise en Oeuvre (PMO) includes a section on energy efficiency and sobriety, with a budget of almost $900 million for the next five years.
By investing in energy efficiency, Quebec is positioning itself as a leader in sustainable development. For property owners, this represents a unique opportunity to improve the energy efficiency of their buildings, reduce costs and actively contribute to environmental protection. This $900 million investment is part of a global strategy to combat climate change and reduce greenhouse gas emissions, thereby benefiting all of Quebec society.
KEY STRATEGIES FOR REDUCING GHG EMISSIONS
To significantly reduce greenhouse gas emissions, one of the most effective approaches is to improve the energy efficiency of buildings. This often starts with reducing the overall energy consumption of structures. At Energère, we use state-of-the-art technologies to modernize heating, ventilation, air conditioning and lighting systems, transforming traditional buildings into models of energy efficiency.
1. https://www.ledevoir.com/politique/quebec/815079/quebec-dit-avoir-identifie-67-mesures-atteindre-cible-reduction-ges
