Feds renew up to $300 million loan to Enbridge
A federal Crown corporation is extending a $200 to $300-million loan to Enbridge Inc. to support the company’s oil and gas expansion plans.
Julia Levin
Loan for half a billion approved for LNG project in BC
Canada’s Crown corporation dedicated to helping industries export overseas, has confirmed that around half a billion dollars will be financed for a B.C. First Nation-led LNG project.
Here’s how much the feds handed fossil fuel companies last year
The federal government provided at least $18.5 billion to the fossil fuel and petrochemical industries last year, according to a new report by Environmental Defence.
Canada needs to phase out tax breaks for fossil fuels
The federal government needs to think holistically about how we support fossil fuels through the tax system, direct government funding, and other financial aid.
Canada ends government subsidies for oil and gas, with exceptions
Canada now has a set of guidelines to restrict federal subsidies to the fossil fuel sector, albeit with numerous exceptions.
Report finds Big Oil can afford to clean up its mess but needs arm-twisting to pay up
Oil and gas companies can afford the billions it will take to clean up their messes and it’s up to governments to force them to do so, a new analysis has found.
Canada’s carbon capture craze and who might be paying for it
Max Fawcett and Environmental Defence’s Julia Levin test our faith in carbon capture technology and question why taxpayers — and not industry — might be paying for it.
Don’t let hydrogen tax credit become a fossil fuel subsidy, academics, civil society groups tell Ottawa
The federal government plans to introduce a tax credit for clean hydrogen investments in Budget 2023, but academics and some civil society groups say there’s a risk it could end up subsidizing fossil fuels if it’s not done right.
Oilsands giants take step forward in plans for massive carbon storage hub
A group representing Canada’s largest oilsands producers got the green light to evaluate a proposed carbon storage site in northeastern Alberta that would seek to curb planet-warming greenhouse gas emissions from the industry's operations.
Canada to end international fossil fuel financing, with few exceptions
Canada’s long-awaited plan to end public financing for international fossil fuel projects is here at last and, despite some loopholes, represents a major milestone, environmental groups say.
New climate plan’s reliance on carbon capture called ‘not at all realistic’
Canada’s new climate plan is banking on carbon capture to cut nearly 13 per cent of the oil and gas sector’s projected greenhouse gas emissions by 2030. But a new report reveals billions of public dollars already spent on the technology aren’t yielding substantial reductions.
Canada’s export credit agency needs to clean up its act on climate: study
If Canada wants to be a credible climate leader, it needs to align its export credit agency with the Paris Agreement goals immediately, says a new report from a leading international think tank.
NDP MP Charlie Angus cites Canada’s ‘failure to hold the oil industry accountable for the massive amounts of taxpayer money’
The party's natural resources critic wrote to Natural Resources Minister Jonathan Wilkinson on Jan. 27 after recent reports found the federal government's climate change funding for oil and gas companies amounts to little more than fossil fuel subsidies.
An explosive report on one of the largest carbon capture and storage facilities in Alberta
Carbon capture’s questionable numbers spell concern for Canada’s hydrogen plans
How the IEA graded Canada’s energy policies — and how everyone else reacted
Natural Resources Minister Jonathan Wilkinson says a new report from the International Energy Agency vindicates the government’s climate progress, but he adds more must be done to decarbonize.