The Canadian government plans to end certain subsidies for the oil and gas industry. Environment Minister Guilbeault calls this “a fundamental departure” from the previous modus operandi.
The Canadian government has presented a plan to eliminate certain fossil fuel subsidies. Canada is the first member of the G20 group of leading industrialized and emerging countries to fulfill a promise made at a meeting in 2009, according to the Canadian Ministry of the Environment.
Greenhouse gases that are harmful to the climate are released when coal, oil and gas are burned. The planet has already warmed by about 1.1 degrees compared to pre-industrial times, in Germany it is even 1.6 degrees.
Among other things, the plan aims to end subsidies that unfairly favor the oil and gas industry, it said. “This is a fundamental departure from what we have been doing in this country for decades,” said Environment Secretary Steven Guilbeault. Climate experts praised the plan as an important step, but complained, among other things, that there were too many loopholes.
Source: Stern
I have been working in the news industry for over 6 years, first as a reporter and now as an editor. I have covered politics extensively, and my work has appeared in major newspapers and online news outlets around the world. In addition to my writing, I also contribute regularly to 24 Hours World.
