The Government of Canada must act to end fossil fuel subsidies by 2020.
Why is this important?
Canada has to take action now to end its unfair and polluting subsidies to oil, gas, and coal companies.
Canada's $3.3 billion in fossil fuel subsidies undermine the Paris Agreement’s climate change goals, and they even counteract attempts to put a price on carbon. Trying to put a price on carbon while still subsidizing fossil fuel production is like pouring water on the fire with one hand, while spraying gasoline on it with the other. It just doesn't make sense.
The Trudeau government can act immediately with a commitment and a plan to get rid of these subsidies by 2020. Four years is more than enough time to wind down polluter handouts. Instead of subsidies that favour the wealthy, we need public investment that helps us move more quickly to sustainable solutions. Let’s put an end to fossil fuel subsidies.
Oil Change International