Oil and gas companies should invest profits in climate action: Steven Guilbeault | National Newswatch

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OTTAWA — Oil and gas companies can show their commitment to climate action by investing some of their record profits to cut their emissions, Environment Minister Steven Guilbeault said Friday.

Guilbeault says neither he nor the government is stoutly against windfall taxes that could redirect some of those profits to people or climate action. The European Commission recently proposed a windfall tax along the lines of what Guterres wants. The United Kingdom imposed one over the summer, though new Prime Minister Liz Truss is not a fan and while she won't cancel the one brought in already, she won't extend it as some have requested.A surge in global oil prices following the Russian invasion in Ukraine sent oil company profits through the roof.

Dilling said the"projects and technologies to reduce emissions will be developed and financed over a period of 30 years, during which we will be subject to fluctuating commodity price cycles, such as these." Collins said"oil companies are making record profits" and the government should tax them to"help put more money back in people's pockets."

 

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s_guilbeault continues to harm CA economy without making a difference in the world with all his mythical theories and policies. firethisfanatic talktoChina liberal_party TrudeaMustGo RemoveThePrimeMinister

Clearly no idea what funds the Canadian RRSPs and mutual fund investments that people purchase for retirement purposes. The problem with this particular liberal government, absolute incompetence from top to bottom. TrudeaMustGo TrudeauworstPMever LiberalHypocrisy

Steven can’t even pay his child support

A real Fidel Castro idea.

And the award for the craziest piece of green shit ever goes to… this guy!! ☝️

Shut it, domestic terrorist.

How about the government invest in Canadians rather than investing billions in ever two bit scheme the UN comes up with. Probably if this government stayed the fuck at home at didn’t find it necessary to jump on a jet and cris cross the global for nothing more than a photo op

You are a complete fanatic. How the hell does taxing the crap out of us save the environment? And your other solutions: windmills, solar panels and electric cars. All horrible for the environment and not very efficient. Yup makes sense……give your head a shake

LeaveItInTheGround If they refuse to transition to zero GHG energy, shut them down. There are others to take their place. WinWin Right s_guilbeault?

No Oil and Gas companies should invest money in eliminating the LPC from Canada’s parliament.

I don't take advice from an X convict .

s_guilbeault Give your plan a rest. Your plan will harm peoples lives. Yes we need to transition over a lot longer time period. Be reasonable. Not a fanatic. Don't destroy the country's economy and working Canadians standard of living, which you and Trudeau's plan will do!

The climate seems to improve, after he has left a room. Even the smell is a lot better.

A silly little man,a dangerous to the well being of Canadians.

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Oil and gas companies should invest profits in climate action, Steven Guilbeault saysEnvironment Minister Steven Guilbeault says oil and gas companies should invest record profits in climate action Stop subsiding them and invest that! Just a thought. What a breakthrough…. Perhaps you should report on the city of Ottawas climate control action plan in the works and let the people know what's going on behind their backs.
Source: globeandmail - 🏆 5. / 92 Read more »

Canada isn’t planning windfall taxes on fossil fuel companies: Guilbeault - National | Globalnews.caGlobal oil prices surged last winter following the Russian invasion in Ukraine, driving up profits for oil and gas companies worldwide. The NDP/Liberal government will implement this tax in due course as part of their wealth redistribution plan. Who trusts a word this cultist says? He is nothing but a weak-minded cultist. Who pays this, taxpayers? Privatize profits.... Vulnerable countries demand global tax to pay for climate-led loss and damage Poor nations exhort UN to consider ‘climate-related and justice-based’ tax on big fossil fuel users and air travel
Source: GlobalNational - 🏆 81. / 51 Read more »

Canada not looking toward windfall taxes on fossil fuel companies, minister says | National NewswatchNational Newswatch: Canada's most comprehensive site for political news and views. Make it a daily habit. I'm also looking forward to people realizing with enough organization we can just take everything from these criminals. I'm really looking forward to it Steven Guilbeault is an habitual liar and convicted felon.
Source: natnewswatch - 🏆 58. / 59 Read more »