You chose the right picture to represent your lame views and attitude Furrow!
Brad Wall said Saskatchewan would have 50% renewables by 2030!
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financialpost.com/opinion/opinion-we-need-more-honesty-in-electricity-pricing.Originally posted by chuckChuck View Post
Alberta heavily subsidizes the oil and gas industry.
And then lets the utilities manipulate supply so they can overcharge consumers with some of the highest priced electricity in Canada.
It’s the Alberta way!
“Ontario shifted nearly $6 billion in electricity costs off ratepayers bills and onto the provincial tax base in 2023. Quebec’s heritage pool mechanism effectively reserves electricity from legacy hydro assets for domestic consumers at prices well below the market value that would be commanded if exported.”
Yup only oil is subsidized Chuck2.
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The International Monetary Fund (IMF) evaluates Canadian fossil fuel subsidies using two categories: explicit subsidies (direct government financial support) and implicit subsidies (uncollected taxes and externalized costs like climate damages and air pollution).
Recent IMF data estimates Canada's total oil and gas subsidies at approximately $38 billion. This vast sum is primarily driven by implicit costs, broken down as follows:- Explicit Subsidies: Roughly $2 billion in direct government financial transfers or tax breaks to fossil fuel companies.
- Implicit Subsidies: About $36 billion, which accounts for undercharging for environmental damage, carbon emissions, health impacts, and foregone consumption taxes.
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And now for the rest of the story …
[url]https://m.youtube.com/watch?v=fV24oRenviE&pp=ugUHEgVlbi1HQg%3D%3D&ra=m[/url]
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You mean your rest of the story that you agree with?
I wouldn't waste my time watching a video that denies the oil industry is not heavily subsidized.
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Says not a word about oil subsidies, you just can’t accept the whole story on anything.
Nothing new , just keep hoping along in a left leaning circle
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Recent IMF data estimates Canada's total oil and gas subsidies at approximately $38 billion. This vast sum is primarily driven by implicit costs, broken down as follows:- Explicit Subsidies: Roughly $2 billion in direct government financial transfers or tax breaks to fossil fuel companies.
- Implicit Subsidies: About $36 billion, which accounts for undercharging for environmental damage, carbon emissions, health impacts, and foregone consumption taxes.
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