Ottawa must end all financing for fossil fuels, ‘abated’ or not

Acknowledging a ‘climate emergency,’ as Parliament has done, means that there can be no allowances for supporting new refineries or pipelines, whether for oil or gas.
Natural Resources Minister Jonathan Wilkinson—pictured in November 2020—stated in November 2021 that a timeline for eliminating Canada’s domestic fossil fuel finance would be announced ‘in the next few months.’ He is collaborating with the ministers of finance and of the environment in hammering out the details of Ottawa’s phase-out plan.
The federal environment commissioner recently found that Canada’s record on combatting climate change was the worst among G7 countries since the signing of the Paris Agreement in 2015. This was attributed in part to th...

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