Can Trudeau kick Canada's $3 billion fossil fuel habit?
A damning new report has blown the lid on Canada’s support for fossil fuel industries, totalling nearly $3 billion per year, flying in the face of a G20 pledge to phase such subsidies out six years ago.
In 2013-14, federal support for fossil fuels under the previous Stephen Harper government amounted to at least $1.7 billion. A further $1.3 billion in provincial subsidies was kicked into the industry, according to a Nov. 12 report titled Empty Promises: G20 subsidies to oil, gas and coal production co-published by the Overseas Development Institute and Oil Change International.
“Why is it time to phase out subsidies to last century’s high-carbon energy? Because, as Prime Minister Trudeau said last week, it’s 2015,” said Alex Doukas of Oil Change International.
The full story can be read here at National Observer.