Reducing energy use by 25% could produce 25,000 Ontario jobs by 2025
Manufacturing would grow by 1.6%, with paper production and primary metals seeing the greatest benefit.
Pulp & Paper
TORONTO – By reducing its energy use 25% by 2025, Ontario is poised to create 25,000 new jobs, says Blue Green Canada’s More Jobs, Less Pollution report.
A 25% reduction in energy use by 2025 would also result in a $3.7 billion increase in GDP, as well as a provincial and federal deficit reduction of nearly $2 billion, according data from the Centre for Spatial Economics.
As the province faces key decisions about how to meet its energy needs, Blue Green Canada is recommending Ontario look to conservation before approving new generation as a means to create jobs and grow the economy while ensuring the health of Ontarians is protected.
Implementing these targets will result in a 1.6% increase in growth for Ontario’s manufacturing sector, with paper and allied products and primary metals seeing the greatest benefit. Greenhouse gas emissions would be reduced by 19 million tonnes, more than the total emissions from the Nanticoke coal plant when it was running at full capacity.
“This report comes as government is deciding what role conservation will play in the province’s energy plan, and shows that acting aggressively to cut energy waste is good for the economy and our environment,” said Gillian McEachern of Environmental Defence. “Energy conservation is by far the cheapest way to reduce carbon pollution and should be a priority in our fight against climate change.”
The report also recommends that the province set an ambitious energy conservation target in its energy plan, develop a strategy to harness the jobs and economic benefits of conservation, and put in place the right financial signals for industry, businesses and homeowners to save energy.
Blue Green Canada is an alliance between Canadian labour unions, environmental and civil society organizations to advocate for working people and the environment by promoting solutions to environmental issues that have positive employment and economic impacts.