Budget 2023: Industry lining up for carrots as Ottawa prepares to accelerate the green transition

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Budget 2023: Industry lining up for carrots as Ottawa prepares to accelerate the green transition cdnpoli

Carbon capture credits

“We would like to see something simple that puts Canada on the equal footing with the U.S.,” said Mark Cameron, vice-president of external relations at Pathways Alliance, a group of the five largest oilsands producers. “We have to start buying pipe and filing regulatory applications for our pipeline projects” to capture carbon.Article content

We're calling on Minister Freeland to use budget 2023 as an opportunity to finally deliver on the promise to end fossil fuel subsidiesCameron estimated that capital costs would account for about 40 per cent of the overall cost of a carbon capture facility over a 20-year span, while production tax credits represent 60 per cent.Article content

“We’re calling on Minister Freeland to use budget 2023 as an opportunity to finally deliver on the promise to end fossil fuel subsidies,” said Julia Levin, associate director, national climate at Ottawa-based Environmental Defence.Article content Instead, she contends those funds would be better spent investing in electricity — creating new distribution, shoring up grids and building more renewable power.

 

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Budget? You mean more borrowing that will cause more inflation that the BOC will raise rates to curb the inflation that will cause a housing crash,and will cause a banking crash,and hyperinflation,just watch

They're baby carrots at best cooked up by the wicked witch. Don't eat them they're poison!

This is a complete waste of taxpayer dollars. Industry doesn’t need subsidies.

why the hell is Freeland so damned creepy... she seems like a poorly programmed android rather than a human

So what they're saying is Canada or the Liberal Party more specifically has learned absolutely nothing from the green fiasco in Germany. So Canada is going to end up with an energy crisis and an economic crisis thanks to the bunch of reckless ideologues. Why do you keep voting…

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Budget 2023: Industry lining up for carrots as Ottawa prepares to accelerate the green transitionWill Canada\u0027s 2023 federal budget 2023 disappoint or impress industry pushing for subsidies to keep up the green transition? Find out more. The green transition is a power grab to implement authoritarian control.
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