Definition of ‘inefficient fossil fuel subsidy’ still elusive in Canada

OTTAWA – Canada is still working on defining an “inefficient” fossil fuel subsidy, some 13 years after it signed an international agreement to eliminate them and four years since launching a peer review with Argentina to identify what subsidies exist.

In general, subsidies are considered to be government aid to fossil fuel companies, but Ottawa draws a distinction between those that encourage more production or consumption and those that help the sector cut greenhouse gas emissions.

But it hasn’t been clear where it draws that line.

Canada has promised to eliminate inefficient subsidies at G20 and G7 leaders’ meetings every year since 2009 and Prime Minister Justin Trudeau pledged during the last election campaign to move the deadline for doing so up by two years to 2023.

MPs on the House of Commons environment committee Thursday repeatedly queried federal officials about when the government will define “inefficient” and were told the work is still ongoing.

This report by The Canadian Press was first published May 6, 2022.


Conversations are opinions of our readers and are subject to the Code of Conduct. The Star does not endorse these opinions.

Source link

About milonshil

Check Also

Maltese vote in general election with some firsts for nation

Ontario NDP leader Andrea Horwath tests positive for COVID-19

The leader of the Ontario New Democratic Party says she has tested positive for COVID-19. …

Leave a Reply

Your email address will not be published.