Canada battles to wean itself off fossil-fuel industry as exports hit 8-year high

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Justin Trudeau’s officials have shunned any push to speed up the phasing out of fossil fuels, in favour of a slower path

Canadian Prime Minister Justin Trudeau. Picture: BLOOMBERG.

As a share of total merchandise exports, the fossil-fuel industry represented 27.4% of shipments in March — matching the record high set under former prime minister Stephen Harper in 2014. The strategy was evident in recent moves by Trudeau’s cabinet, including the approval in April of a major offshore oil project and the introduction a pricey tax credit for investments in carbon-capture technology.

The Trudeau government’s plan to meet its climate targets relies on a 42% cut in emissions from the oil and gas sector over the next eight years. It leans heavily on technical improvements — such as carbon capture — while still allowing for barrels to be pumped, to the chagrin of environmentalists.

 

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Canadian citizens need to focus on weaning themselves off of Trudeau and his WEF agenda. Fossil fuels are the least of their current worries.

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