We’ve made an additional donation to the HEAT Fund to help individuals and families most in need pay their energy bill.
Rising to meet and exceed carbon reduction targets and employing comprehensive environmental management programs ensures that we keep sustainability - and doing the right thing - at the heart of what we do. Over the past decade, we have more than tripled renewable energy from 9% to 30%, and we will hit 40% in 2020. We’ve already achieved and exceeded Canada’s 2030 target of reducing carbon dioxide by 30% from 2005 levels. By 2030, we expect to have reduced our 2005 levels by 58%, which is nearly double the national target.
Our track record of achievement on carbon reduction has resulted in the Government of Canada and the Province of Nova Scotia coming to an agreement in principle around the creation of a new Equivalency Agreement, which will enable Nova Scotia Power to move from coal to clean in the most economic way for our customers. We will be permitted to maintain the use of its solid fuel generation assets past 2030, as long as we meet GHG reduction requirements equivalent to coal closure.
We are proudly part of the Emera family, which embraces change as the new normal in the energy industry. We believe our collective creative energy leads to a brighter future for our customers, shareholders, communities and the environment.