fossil fuel subsidies

52 Articles

High prices at the pumps are a result of corporate price gouging, the NDP says as it calls for a Competition Bureau inquiry. Photo via Dawn McDonald/Unsplash

NDP calls for inquiry into oil and gas price gouging

The NDP is pressuring the government to order an inquiry into corporate price gouging in the oil and gas sector, as the Conservatives point to the carbon tax as a reason for the cost of living crisis. Are Justin Trudeau's Liberals losing room to manoeuvre?

By John Woodside | News, Politics | April 1st 2024

To address fossil fuel subsidies, Canada needs evaluate programs and policies to ensure they facilitate the move to a low-carbon economy, a new report says. Photo by Kris Krüg / Flickr

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.

By Natasha Bulowski | News, Politics, Ottawa Insider | March 27th 2024

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.

By Natasha Bulowski | News, Energy, Ottawa Insider | July 24th 2023

Canada’s billions in fossil fuel subsidies under mounting scrutiny

Subsidizing fossil fuels while committing to slash greenhouse gas emissions is like trying to push a boulder both up and down a mountain at the same time, so why can't Canada get a plan in place?

By John Woodside | News, Energy, Politics | June 23rd 2023

Bloc hammers Liberals on climate change as wildfires rage

The Bloc Québécois used its last opposition day to hammer the Liberals on climate change as forest fires rage across the country, forcing people from their homes and darkening the skies with smoke.

Canada burns

By Natasha Bulowski | News, Politics, Ottawa Insider | June 10th 2023

Bank: Asia must abandon coal faster to stem worst climate woes

Asia must rapidly cut fossil fuel subsidies and plow more money into a clean energy transition to avoid catastrophic climate change that puts its own development at risk, according to a new report from the Asian Development Bank.

By Sibi Arasu | News | April 28th 2023

Environmental groups are applauding Natural Resource Minister Jonathan Wilkinson's strong new policy to end public financing for international unabated fossil fuel projects. File photo by Alex Tétreault / Canada's National Observer

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.

Financing disaster

By Natasha Bulowski | News, Energy, Politics | December 8th 2022

Four climate files to watch at COP27

Against the backdrop of COP27, what can affluent nations like Canada do to change humanity’s destructive course and assume global leadership in building an inclusive, climate-safe global economy?

Opinion

Negotiating survival

By Sabaa Khan | Opinion | November 8th 2022

German Climate envoy Jennifer Morgan speaks during an interview at the German Mission to the United Nations on Monday, Sept. 19, 2022, in New York. (AP Photo/Robert Bumsted)

Ukraine war heightens Germany's resolve on climate action

Germany remains committed to phasing out coal as a source of power by 2030 even as it reactivates coal-fired power plants, the country's climate envoy said on Monday, September 19, 2022. Germany says it took the step to get through the coming winter amid energy shortages as a result of Russia’s war in Ukraine.

By Aya Batrawy | News | September 20th 2022

Time to end tax breaks for fossil fuel companies

Understanding how tax incentives for fossil fuel companies work and how much they cost us is essential for a green future.

Opinion

By Darren Shore | Opinion | May 12th 2022

fossil fuel subsidies

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