Drives and dives in Thunder Bay, Ontario
A lucky taxi ride took me on a journey through a decades-long effort to clean...
A really great analysis just posted by CBC's Senior Business Producer, Don Pittis, looks at why Canada (read: taxpayers) is subsidizing oil companies to the tune of $34 billion.
All this money is being spent on some of the world's richest companies to find more oil, which will subsequently pump more greenhouse gas emissions into our air — a viscious cycle that we as taxpayers are actively promoting with our own hard-earned money.
As Pittis writes:
"Despite saying one thing while doing another, the annoying part for people like me — who believe that the forces of economics are beneficial — is that these multibillion-dollar global subsidies subvert the market. They give false signals about how much we as a society should invest in an industry that many say is endangering the health of our planet."
You can read the entire article here: Why your taxes pay to make climate change worse.
Photo: Kris Krug via Flickr
Get the inside scoop on The Narwhal’s environment and climate reporting by signing up for our free newsletter. Premier David Eby leaned heavily on nostalgia...
Continue readingA lucky taxi ride took me on a journey through a decades-long effort to clean...
Winnipeg says it could take until 2095 to fix its sewage woes. Other cities —...
As more people engage with posts about wildfires on social media, the government agency is...