A Green MP is calling on the federal government to impose a windfall profits tax on fossil fuel companies, citing increasing unaffordability and the ongoing climate crisis.
A lot of people don’t understand just how well the oil and gas industry is treated here. The subsidies are just the tip of the iceberg. If we could see everything that they get away with, I’m sure we’d be upset to say the least.
Yeah. We signed the Paris agreement and we were supposed to take steps to reduce greenhouse gas emissions. Our oil companies are the largest producers of these gasses and we were supposed to reduce production. And what did we do instead? We fucking subsidized more development projects in these industries.
We should fucking sue the government, and especially the Trudeau administration for not holding up their promises in accordance with the Paris accord agreement. That shit was signed in 2015 or 2016. We should have done something by now and nothing was done.
They even fucking promised to plant millions of trees and they planted like, what… 3? And stopped there.
They talk the talk but can’t walk the walk. We were duped.
Going over the list of subsidies the oil and gas sector receive, most of them are received on the basis of developing cleaner sources of energy.
If we are going to do something, taxing the windfall rather than giving up programs that are intended to help the environment means even if you end up giving the money straight back to them through those programs, they are earmarked to a specific goal that is to the benefit of the people and not left to their own discretion.
Or you could just stop subsidizing them and save about 4.8 billion a year. Why do we have to add more middlemen to document and collect taxes?
A lot of people don’t understand just how well the oil and gas industry is treated here. The subsidies are just the tip of the iceberg. If we could see everything that they get away with, I’m sure we’d be upset to say the least.
Exactly. The poorer their behavior, the more toys get taken away.
Yeah. We signed the Paris agreement and we were supposed to take steps to reduce greenhouse gas emissions. Our oil companies are the largest producers of these gasses and we were supposed to reduce production. And what did we do instead? We fucking subsidized more development projects in these industries.
We should fucking sue the government, and especially the Trudeau administration for not holding up their promises in accordance with the Paris accord agreement. That shit was signed in 2015 or 2016. We should have done something by now and nothing was done.
They even fucking promised to plant millions of trees and they planted like, what… 3? And stopped there.
They talk the talk but can’t walk the walk. We were duped.
Going over the list of subsidies the oil and gas sector receive, most of them are received on the basis of developing cleaner sources of energy.
If we are going to do something, taxing the windfall rather than giving up programs that are intended to help the environment means even if you end up giving the money straight back to them through those programs, they are earmarked to a specific goal that is to the benefit of the people and not left to their own discretion.
Why not take the money given to oil companies as R&D grants, and turn it into university R&D grants?
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Don’t leave us hanging. Why not?
Dunno, I would guess because oil companies donate more to political parties than grad students?
The same sources of cleaner energy that the oil companies have given up on and lied about?
No, they’re talking about Carbon Capture. Which is a new source of clean energy the oil companies are lying about.