E-3E1 (NSPI) RIRs to IR-1 to IR-69
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number, the last day of that sixth month. On publication (2) Sections 3, 4 and 38 to 41 come into force on the day on which these Regulations are published in the Canada Gazette, Part II. REGULATORY IMPACT ANALYSIS STATEMENT (This statemen...
AI summary The regulatory impact analysis statement outlines the importance of reducing greenhouse gas emissions, particularly from Canada's building sector. It highlights national policies and strategies aimed at improving energy efficiency and aligning regulations with the U.S. to reduce regulatory burden, leading to energy cost savings and environmental benefits for Canadians.
usinesses. MEPS and labelling programs are among the most costeffective GHG reduction policies and are the cornerstone of energy efficiency and climate change programs in more than 80 countries. 3 Policy context Canada committed to reduce...
AI summary The text discusses the importance of MEPS and labelling programs in reducing GHG emissions and promoting energy efficiency globally. It outlines Canada's commitment to reducing GHG emissions under the Paris Agreement and the collaborative efforts with the U.S. to align energy efficiency standards. The Pan-Canadian Framework for Clean Growth and Climate Change is highlighted as a key policy approach for the building sector.
NS Power IR-28 Attachment 2 Page 2 of 44 3/15/2019 Canada Gazette, Part 1, Volume 152, Number 42: Regulations Amending the Energy Efficiency Regulations, 2016 (Amendment 15) categories; and (c) introduce labelling and reporting requirement...
AI summary This document discusses amendments to Canada's Energy Efficiency Regulations, aimed at reducing greenhouse gas emissions and supporting the 2030 emission reduction target. The amendment is expected to reduce emissions by 0.92 megatonnes annually by 2030, with a net benefit of $1.80 billion. The benefits are estimated to exceed costs by more than two to one.
lue of avoided climate change damages at the global level — for current and future generations — as a result of reducing GHG emissions. Assumptions Key assumptions include the following: Analysis covers shipments impacted by the proposed R...
AI summary The analysis estimates the value of avoided climate change damages globally due to reduced GHG emissions. It uses assumptions such as a 3% real discount rate, Canadian energy prices from 2017, and the social cost of carbon. It also assumes that incremental costs of efficient technology remain constant, despite potential cost reductions from economies of scale.
tments will provide benefits to Canadians through energy cost savings and improved environmental outcomes, which lead to increased productivity, competitiveness and energy affordability. Since 2011, the United States Department of Energy h...
AI summary The text discusses proposed amendments to Canada's Energy Efficiency Regulations, 2016, aimed at aligning with U.S. regulations and improving energy efficiency standards for residential and commercial products. The goal is to reduce regulatory differences, support cross-border trade, and help achieve Canada's GHG emissions reduction targets.
ed in Canada. In these cases, the regulatory regimes are different in each country, but do not create a burden for industry, since no energy efficiency requirements need to be satisfied in Canada. Regulatory action Taking regulatory action...
AI summary Regulatory action to increase MEPS for eight product categories would lead to greater GHG emission reductions, align requirements with the United States, and reduce compliance costs. Annual energy consumption reductions are estimated to increase from 0.4 PJ in 2020 to 3.57 PJ in 2030.
the efficiency of the average unit impacted. Where relevant, regional sensitivities were evaluated (e.g. a heat pump would save more energy per year in a colder location). Social cost of carbon The social cost of carbon was used to quantif...
AI summary The document discusses the use of the social cost of carbon to quantify the economic benefits of reducing GHG emissions. It references estimates from Environment and Climate Change Canada and aligns with the U.S. Interagency Working Group on the Social Cost of Carbon, suggesting a value of $46.84 per tonne of CO2 equivalent in 2018.
value of avoided climate change damages at the global level — for current and future generations — as a result of reducing GHG emissions. Assumptions Key assumptions include the following: Analysis covers shipments impacted by the proposed...
AI summary This section outlines key assumptions used in analyzing the value of avoided climate change damages from reducing GHG emissions. It includes assumptions about time frames, discount rates, energy prices, and the valuation of GHG emissions based on the social cost of carbon. It also addresses cost assumptions related to manufacturing and installation of more efficient technologies.