Is the Canada Growth Fund Just a Fossil Fuel Slush Fund?
Enviromental Defense
DECEMBER 29, 2023
Earlier this month at COP28 countries committed to transitioning off of fossil fuels and massively scaling up renewable energy instead. So you’re excused if, like me, you’re baffled by Minister Freeland’s first move in the wake of COP28: a giant new fossil fuel subsidy, via the new Canada Growth Fund. Not only does this not align with the global momentum to move beyond oil and gas, it’s yet another black mark for the Government of Canada’s promises to end fossil fuel subsidies.
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