BIG OIL IS ASKING FOR $50 BILLION OF OUR TAX DOLLARS - SAY NO!
Recently, the federal government agreed to end fossil subsidies by 2023. But this promise is about to be broken in a very big way.
Big oil wants taxpayers in Canada to pay a $50 billion bill for unproven and ineffective carbon capture technologies - also known as Carbon Capture Utilization and Storage (CCUS). They’ve asked for a giant new tax credit - and Minister of Finance Chrystia Freeland seems ready to give them what they want.
Industry falsely claims that CCUS can help fight climate change by capturing carbon from high-emitting activities and either storing it underground or using it for industrial purposes. Decades of research and billions of dollars tell a very different story - these technologies are a dead-end that have never lived up to their lofty promises. Big Oil knows this, but is using CCUS as a stall tactic to delay the clean energy transition.
What’s more, oil and gas companies are turning record profits - so why are they asking hard-working tax-payers to fund their failing emissions reductions projects?
It’s never been more clear that the public demands real and meaningful climate action from the federal government. We can’t let them go back on their commitment to end fossil fuel subsidies.
Tell the federal government that any pay-out to industry qualifies as a subsidy, and that false solutions like carbon capture technologies won't make a dent in solving the climate crisis.
Your letter will be sent to: Hon. Chrystia Freeland, Minister of Finance and Deputy Prime Minister, Hon. Steven Guilbeault, Minister of Environment and Climate Change, Hon. Jonathan Wilkinson, Minister of Natural Resources, Hon. François-Philippe Champagne, Minister of Innovation, Science and Industry, Hon. Mary Ng, Minister of Small Business, Export Promotion and International Trade, your local MP