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Tuesday, December 3, 2024
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Canada must redirect public financing away from fossil fuels

Canada should work with its allies to put a carbon tax on international transport fuels and earmark the revenue to help meet international climate financing commitments.

Over 50 presidents and prime ministers are expected at the Macron summit. Environment and Climate Change Minister Catherine McKenna, pictured in a recent Hill scrum, will be representing Canada. The Hill Times photograph by Andrew Meade
Opinion
BY DALE MARSHALL
December 11, 2017
Opinion | BY DALE MARSHALL | December 11, 2017

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Environment Minister Steven Guilbeault's office says the government is looking to release its assessment framework on fossil fuel subsidies in late June or early July. The Hill Times photograph by Andrew Meade

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  • Independent Senator Rosa Galvez says the complex taxonomy of government support for the fossil fuel sector creates 'grey areas where we still encourage exploration and exploitation and production of oil and gas.'

Canada’s coming announcement on fossil fuel subsidies will be precedent setting

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  • Independent Senator Rosa Galvez says the complex taxonomy of government support for the fossil fuel sector creates 'grey areas where we still encourage exploration and exploitation and production of oil and gas.'
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

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

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

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Prime Minister Justin Trudeau, pictured on Feb. 16, 2022, talking to reporters on the Hill. The Liberal Party made important progress promising the end of direct fossil fuel subsidies by 2023. However, this promise now needs to be credibly delivered. In our recent study, we show that in accordance with international law under the World Trade Organization (WTO) this should also include ending public finance for fossil fuels, notably provided through Export Development Canada (EDC), write Philipp Censkowsky and Igor Shishlov. The Hill Times photograph by Sam Garcia

Why the world needs less oil and gas, and what Canada can do to keep 1.5°C alive

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Environment Minister Steven Guilbeault's office defended the government's approval of the Bay du Nord project, saying it would be subject to 'some of the strongest environmental conditions ever, including the historic requirement to reach net-zero emissions by 2050.' The Hill Times photograph by Andrew Meade

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Natural Resources Minister Jonathan Wilkinson—pictured in November 2020—stated in November 2021 that a timeline for eliminating Canada’s domestic fossil fuel finance would be announced ‘in the next few months.’ He is collaborating with the ministers of finance and of the environment in hammering out the details of Ottawa’s phase-out plan. The Hill Times photograph by Andrew Meade

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