fossil fuel subsidies

Canada and other wealthy nations spent some US$535 billion on subsidies for  the fossil fuel sector in 2023, while support for clean energy topped out at US$168 billion, says a new study.

A federal Crown corporation is extending a $200 to $300-million loan to Enbridge Inc. to support the company’s oil and gas expansion plans.

The NDP is pressuring the government to order an inquiry into corporate price gouging in the oil and gas sector, as the Conservatives point to the carbon tax as a reason for the cost of living crisis. Are Justin Trudeau's Liberals losing room to manoeuvre?

The federal government provided at least $18.5 billion to the fossil fuel and petrochemical industries last year, according to a new report by Environmental Defence.

Canada now has a set of guidelines to restrict federal subsidies to the fossil fuel sector, albeit with numerous exceptions.

Subsidizing fossil fuels while committing to slash greenhouse gas emissions is like trying to push a boulder both up and down a mountain at the same time, so why can't Canada get a plan in place?

The Bloc Québécois used its last opposition day to hammer the Liberals on climate change as forest fires rage across the country, forcing people from their homes and darkening the skies with smoke.

Asia must rapidly cut fossil fuel subsidies and plow more money into a clean energy transition to avoid catastrophic climate change that puts its own development at risk, according to a new report from the Asian Development Bank.

Canada’s long-awaited plan to end public financing for international fossil fuel projects is here at last and, despite some loopholes, represents a major milestone, environmental groups say.

Against the backdrop of COP27, what can affluent nations like Canada do to change humanity’s destructive course and assume global leadership in building an inclusive, climate-safe global economy?

Germany remains committed to phasing out coal as a source of power by 2030 even as it reactivates coal-fired power plants, the country's climate envoy said on Monday, September 19, 2022. Germany says it took the step to get through the coming winter amid energy shortages as a result of Russia’s war in Ukraine.

Understanding how tax incentives for fossil fuel companies work and how much they cost us is essential for a green future.

If Canada pays royalties to the contentious Bay du Nord oil development off the Newfoundland coast, it would be the first country in the world to do so.

The Liberals endured a day-long grilling over fossil fuel subsidies from the New Democrats on Tuesday.

Tonight, MPs from across party lines will take part in a virtual townhall on ending fossil fuel subsidies.