At long last, Canada restricts oil and gas subsidies (except for all the loopholes)
Corporate Knights
JULY 25, 2023
The announcement also connects to an international initiative under which Canada and Argentina launched a peer review of each other’s fossil fuel subsidies in 2018. The document also holds out the possibility of subsidies for carbon trading deals under Article 6 of the Paris agreement, and for Indigenous participation in fossil fuel projects.
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