Canada leads G7 in oil and gas subsidies: new report

 

In spite of Canadians’ objection to fossil fuel subsidies, Justin Trudeau always backs the fossil fuel corporations while, at the same time, pretending he has a robust environmental policy. His priorities are clear; but are they yours? Tell your MP you want environmental protection for your family and future generations.

New research shows vast majority of Canadians support phaseout of government support for fossil fuel companies

Justin Trudeau G7
Prime Minister Justin Trudeau flanked by Donald Tusk, president of the European Council and German Chancellor Angela Merkel during 2017 G7 summit in Taormina, Italy. Photo: European Council President via Flickr

Canada provides more government support for oil and gas companies than any other G7 nation and is among the least transparent about fossil fuel subsidies, a new report reveals.

“Fossil fuel subsidies undermine carbon pricing, work against the achievement of Canada’s climate targets, encourage more fossil fuel exploration and production, and allocate scarce public resources away from other priorities like health care, education and renewable energy,” says the report, which ranks the progress of G7 countries in meeting their pledge to phase out fossil fuel subsidies by 2025.

Accompanied by a new Ekos poll, the research found a large majority of Canadians are strongly opposed to using public money to support oil and gas companies and want to see billions of dollars a year in subsidies phased out.

The exception was Alberta — the heart of Canada’s oil and gas industry — where people polled were concerned about the economic impacts of removing government support for oil and gas corporations.

Even so, 48 per cent of Albertans polled disagreed with public subsidies for oil and gas companiesMORE

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