Green technology: [Essay Example], 600 words GradesFixer
close
This essay has been submitted by a student. This is not an example of the work written by professional essay writers.

Green Technology

downloadDownload printPrint

Pssst… we can write an original essay just for you.

Any subject. Any type of essay.

We’ll even meet a 3-hour deadline.

Get your price

121 writers online

blank-ico
Download PDF

The province of Ontario is starting to take a strategic leap by promoting environmentally friendly technologies in order to tackle global warming and secure a more effective and efficient economy. The province has introduced The Green Investment Fund, which is a not-for-profit provincial agency that was created in order to help reduce energy costs in homes and businesses. (Ontario, 2016) Ontario is investing $325 million into this fund that will prove why green technology has saved Ontario’s economy and has helped homeowners to reduce their carbon footprint as well as save money, allow businesses to reduce emissions, and fund local environmental organizations. Green technology is best understood as a way make to it easier for the province of Ontario to fight climate change, boost and strengthen the economy as well as create many jobs. All for a healthier, cleaner and low-carbon future (Ontario, 2016)

Green Technology will allow homeowners to save money. This will happen because the existing home energy audits and retrofit programs offered by Enbridge Gas Distribution and Union Gas will be increasingly enhanced by the investment, allowing greenhouse gas emissions to be cut, and about 37,000 homeowners across the province to experience reduced energy bills. (Ontario, 2016) For example, homeowners can start by replacing furnaces, water heaters, or even upgrading insulation. Home energy efficiency retrofits save consumers a lot more money on their energy bills and have been noted that. “Home renovations to increase energy efficiency have been shown to save natural gas consumers $1.50 to $4 for every dollar invested.” (News.Ontario.ca, 2016) Also, investing in a residential solar energy system will benefit homeowners greatly. Using Solar energy is considered Green technology because of its ability to generate power without using any emissions. This means that for every kilowatt installed, a home’s carbon footprints are lowered by over 3,000 pounds annually and is reduced by more than 15,000 pounds of CO2 every year. (ARE Solar, 2016)

Green Technology will allow many businesses to reduce emissions, making a great impact on the economy. The government is investing two things, one is $74 million in a cleantech innovation which will help to reduce greenhouse gas pollution by allowing large industrial plants to utilize leading-edge technologies, and by partnering with Ontario Centers of Excellence. (Ontario, 2016) The government is also investing $25 million in SMART Green energy efficiency program. This program will help in reducing emissions and becoming more energy efficient. It does this by selecting qualified small and medium-sized businesses and granting them up to $200,000 to cover up to 50 percent of eligible project costs in order to help the businesses invest in equipment and process upgrades. These investments will increase Ontario’s economy and its development by helping bring new jobs into existence, products, services, as well as much more technologies and businesses. (Ontario, 2016)

Green Technology has helped fund local environmental organizations. For example, Ontario is investing $1 million from the Green Investment Fund into the Sustainability CoLab Network, located in Kitchener. The organization helps businesses- small and medium, reduce their impact environmentally along with extending their competitive advantage and supporting for a more low-carbon economy. (Ontario, 2016) It has been recorded that the CoLab Network program members have collectively reduced 29,000 tones of greenhouse gases, which according to the government that is, “…The equivalent of taking 6,100 cars off the road.” (Ontario, 2016) This investment has allowed CoLab to get involved and fund other local environmental organizations in order to help encourage other businesses to introduce more energy-efficiency measures in their practices to create for green technology to keep expanding in the economy.

infoRemember: This is just a sample from a fellow student.

Your time is important. Let us write you an essay from scratch

100% plagiarism-free

Sources and citations are provided

Find Free Essays

We provide you with original essay samples, perfect formatting and styling

Cite this Essay

To export a reference to this article please select a referencing style below:

Green technology. (2018, October 22). GradesFixer. Retrieved May 15, 2021, from https://gradesfixer.com/free-essay-examples/green-technology/
“Green technology.” GradesFixer, 22 Oct. 2018, gradesfixer.com/free-essay-examples/green-technology/
Green technology. [online]. Available at: <https://gradesfixer.com/free-essay-examples/green-technology/> [Accessed 15 May 2021].
Green technology [Internet]. GradesFixer. 2018 Oct 22 [cited 2021 May 15]. Available from: https://gradesfixer.com/free-essay-examples/green-technology/
copy to clipboard
close

Sorry, copying is not allowed on our website. If you’d like this or any other sample, we’ll happily email it to you.

    By clicking “Send”, you agree to our Terms of service and Privacy statement. We will occasionally send you account related emails.

    close

    Attention! this essay is not unique. You can get 100% plagiarism FREE essay in 30sec

    Recieve 100% plagiarism-Free paper just for 4.99$ on email
    get unique paper
    *Public papers are open and may contain not unique content
    download public sample
    close

    Sorry, we cannot unicalize this essay. You can order Unique paper and our professionals Rewrite it for you

    close

    Thanks!

    Your essay sample has been sent.

    Want us to write one just for you? We can custom edit this essay into an original, 100% plagiarism free essay.

    thanks-icon Order now
    boy

    Hi there!

    Are you interested in getting a customized paper?

    Check it out!
    Having trouble finding the perfect essay? We’ve got you covered. Hire a writer

    GradesFixer.com uses cookies. By continuing we’ll assume you board with our cookie policy.

    exit-popup-close

    Haven't found the right essay?

    Get an expert to write you the one you need!

    exit-popup-print

    Professional writers and researchers

    exit-popup-quotes

    Sources and citation are provided

    exit-popup-clock

    3 hour delivery

    exit-popup-persone