In 2009, G20 countries meeting in Pittsburgh affirmed that “inefficient fossil fuel subsidies encourage wasteful consumption, distort markets, impede investment in clean energy sources, and undermine efforts to deal with climate change.”
That’s as big a problem now as it was then. Yet Canada is still throwing good money after bad, propping up an industry that must enter a managed decline in a carbon-constrained world. #cdnpoli
http://policyoptions.irpp.org/magazines/january-2019/its-true-the-oil-patch-doesnt-need-handouts/