Thursday, November 21, 2024

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Environmental groups urge an end to fossil fuel subsidies in two reports outlining Canada’s oil and gas financing

The government gave at least $18.553-billion in financial support in 2023 to fossil fuel and petrochemical firms, including $8-billion worth of loan guarantees for the TransMountain pipeline, $7.339-billion in public financing through Export Development Canada, and over $1.3-billion for carbon capture and storage projects, according to the reports.

News
BY MIKE LAPOINTE
April 15, 2024

News | BY MIKE LAPOINTE | April 15, 2024

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