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Tag Archives: government subsidies
Biggest Corporate Welfare Scam of All Time
Biggest Corporate Welfare Scam of All Time President Joe Biden keeps lecturing corporate America to “pay your fair share” of taxes. It turns out he’s right that some companies really are getting away scot-free from paying taxes. But it isn’t Big Tech companies in Silicon Valley or the Wall Street financial company “fat cats” or […]
Days of reckoning
Days of reckoning Here’s something which will likely be universally unpopular: The government shouldn’t do anything to subsidise energy prices. I say this in the face of a £700 or so increase on annual bills announced today. And this is just the beginning, because, as Nils Pratley at the Guardian points out, when the price cap is raised again […]
On Fossil Fuel Subsidies, the Facts Matter
On Fossil Fuel Subsidies, the Facts Matter The BC Green leader responds to the energy minister’s Tyee op-ed on provincial subsidies. LNG Canada’s marine terminal under construction. Photo via LNG Canada. In his Tyee op-ed on Monday titled “Let’s Talk Fossil Fuel Subsidies in BC,” Bruce Ralston, the provincial minister for energy, mines and low-carbon innovation, […]
BC Spends More Subsidizing Fossil Fuels Than on Fighting Climate Change: Report
BC Spends More Subsidizing Fossil Fuels Than on Fighting Climate Change: Report Government says its upcoming royalty review will ensure ‘a fair return on our resources.’ Environmental organization DogwoodBC put up a billboard at the Vancouver intersection of Main Street and 2nd Avenue to raise awareness about BC’s fossil fuel subsidies and the upcoming provincial […]
BC’s Drilling and Fracking Credits a $1.2 Billion Subsidy in Recent Years, Researcher Finds
BC’s Drilling and Fracking Credits a $1.2 Billion Subsidy in Recent Years, Researcher Finds Credits reduce future royalties that frackers owe the public for access to the resource. “It’s been quite a battle to get to this stage,” said Ben Parfitt, a resource policy analyst with the B.C. office of the Canadian Centre for Policy […]
BC Government Frets Over Climate Change While Heavily Subsidizing Fracking Companies
BC Government Frets Over Climate Change While Heavily Subsidizing Fracking Companies Worse, the giveaway probably isn’t needed, with the global industry desperate for new gas fields. We’re in a climate crisis. So why did the B.C. government give oil and gas companies $663 million in subsidies last year so they would produce more fracked natural […]
LNG Canada project called a ‘tax giveaway’ as B.C. approves massive subsidies
Canada and British Columbia have put “the right fiscal framework” in place for LNG Canada to go ahead, according to Shell. What that means is more than $5 billion in subsidies. Photo: Province of British Columbia / Flickr LNG Canada project called a ‘tax giveaway’ as B.C. approves massive subsidies Fracked gas export project will […]
We Subsidize the Wrong Kind of Agriculture
We Subsidize the Wrong Kind of Agriculture Summer: the season of barbecues, baseball games, and backyard fun. It’s also the time of year when the American farming industry comes into full swing producing the crops we hold near and dear. The pastoral ideal of golden fields of corn and wheat is what comes to mind […]
The Real Cost of Offshore Wind
The Real Cost of Offshore Wind A couple of weeks ago (I think September 11) I was watching BBC news mid morning, following the Hurricane Irma story and I happened to catch an editorial on the recent CfD auction where the lowest bids for offshore wind came in at £57.50 / MWh, well below the […]
