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Monday, June 30, 2025

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Funding for fossil fuels could derail Canada’s new plan to reduce emissions

Subsidies in tandem with carbon pricing is like raising taxes on cigarettes to discourage smoking while also giving tobacco companies tax breaks so they can increase production of cigarettes.

The government aims to use its recent climate plan, unveiled last month by Environment Minister Steven Guilbeault, and budget as the basis to tackle climate change over the next few critical years. However, subsidies to the fossil fuel industry and new production projects threaten to undermine progress towards climate goals, write Laura Cameron and Philip Gass. The Hill Times photograph by Andrew Meade
Opinion
BY LAURA CAMERON AND PHILIP GASS
May 4, 2022
Opinion | BY LAURA CAMERON AND PHILIP GASS | May 4, 2022

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