UPFRONT

PATH TO 2030

EVERYONE IS FAMILIAR WITH SETTING GOALS FOR THE YEAR AHEAD, PERSONAL GOALS LIKE EXERCISE OR DIET, OR COMPANY GOALS LIKE SALES TARGETS. Goals are great, but unfortunately, great intentions are not always met with the necessary actions that ensure those goals are met.

What about setting goals for 35 years out, or even eight years from now?

Most people are familiar with the Paris Agreement, the international treaty on climate change adopted by 196 parties at the 21st Conference of the Parties (COP 21) in December 2015. The goal set there was to limit global warming to below 2C, preferably 1.5C, when compared to pre-industrial levels.

To achieve this goal, countries agreed the production of man-made greenhouse gas emissions has to reach a global peak by 2050 max, and then by the second half of this century the world needs to achieve a net zero effect.

So every country, including Canada, created a plan to help achieve this global objective, and at the COP 26 meeting in Glasgow, Scotland last October, it was reported that if everything works out as countries have planned the world could reach peak GHG emissions even before 2030.

However, these estimates were based on plans, not actions. Most countries have not implemented real mitigation efforts. In Canada, last June the federal government passed the Net-Zero Emissions Accountability Act. As part of that Act, by the end of 2021 the Minister of Environment was supposed to report on the country’s emissions reduction plan for 2030—well that report has been bumped to the end of March 2022.

So while we wait for a federal action plan that may directly affect the HVAC industry, some cities are actually taking climate-plan action now, and this is where the industry is seeing the effects.

On January 25th, Vancouver’s city council passed a requirement that as of July 1, 2022 a new mechanical permit is required for all heating and cooling installations, and that requires a city-certified heat pump installer—the emphasis on heat pumps because as of Janaury 1, most any new building in Vancouver three storeys or less cannot be heated with fossil fuels.

This stems from Vancouver’s Climate Emergency Action Plan which set a target to reduce carbon pollution by 50% by 2030. And now Toronto has adopted its TransformTO Net Zero strategy, targeting a 65% reduction by 2030.

Municipalities across the country are adopting their own 2030 deadlines, and these "goals" will be leading to actions. So be aware of what’s happening in your backyard and how to align your business objectives with where these local actions are leading.

The path to 2030 for this industry means greater operational efficiency of heating and cooling systems, and in some areas the elimination of fossil fuel. How will that change what you do?

The changes are coming, so get familiar with what's new in the market and how manufacturers are adapting. The CMPX Show, March 23-25 in Toronto, will be a great place to start. And throughout 2022 we will be keeping you informed of the changes happening as well.

It's not too late to set goals for this year, and better yet to take actions to make sure you're on the right track this year and for eight years from now. <>

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