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Friday, February 3, 2023

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Funding for fossil fuels could derail Canada’s new plan to reduce emissions

Subsidies in tandem with carbon pricing is like raising taxes on cigarettes to discourage smoking while also giving tobacco companies tax breaks so they can increase production of cigarettes.

Opinion
BY LAURA CAMERON AND PHILIP GASS
May 4, 2022

Opinion | BY LAURA CAMERON AND PHILIP GASS | May 4, 2022

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Funding for fossil fuels could derail Canada’s new plan to reduce emissions

Subsidies in tandem with carbon pricing is like raising taxes on cigarettes to discourage smoking while also giving tobacco companies tax breaks so they can increase production of cigarettes.

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Funding for fossil fuels could derail Canada’s new plan to reduce emissions

Subsidies in tandem with carbon pricing is like raising taxes on cigarettes to discourage smoking while also giving tobacco companies tax breaks so they can increase production of cigarettes.

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