A report published this week by the Parliamentary Budget Officer (PBO) finds Ottawa’s tax breaks to the fossil fuel sector are leaving nearly $2 billion on the table each year in lost revenue.
You arguably are one of the most powerful, famous, and networked men in the world, with many important accomplishments. I am the completely ordinary, middle class, volunteer steward of 53 acres of publicly owned, remnant floodplain woodland situated on the banks of the Des Plaines River.
In 2009, when Canada and other G20 nations first pledged to tackle fossil fuel subsidies, a collective promise was made to do away with ‘inefficient’ subsidies. But the term inefficient has never been defined, giving governments and political parties during this election a significant amount of wiggle room
If federal parties are serious about taking on climate change, they need to stop giving money to the oil and gas industry, according to two climate experts.
Alberta oil production now exceeds its pre-pandemic high, and has increased 86.2% since 2010, according to new data from the Alberta Energy Regulator and ATB Economics.
The lion’s share of the output—86% —comes from the tar sands/oil sands, CBC reports.
