By Uday Rana, Global News, July 25, 2023
With Canadians dealing with wildfires in many parts of the country and floods in others, environmental groups say the federal government’s plan to phase out fossil fuel subsidies is a welcome step, but one that doesn’t go far enough.
Environment Minister Steven Guilbeault on Monday released a framework to review and phase out inefficient fossil fuel subsidies. Canada is the first G20 country to roll out such a plan.
...The plans, though, have drawn criticism from activists who say they do not go far enough — in particular, because the plan to phase out subsidies does not apply to loans, guarantees and equity given to the TransMountain and Coastal GasLink pipelines.