Can Canada’s Tar Sands Industry Be Profitable Without Government Handouts?

During the recently concluded United Nations 24th Climate Change Conference (COP24), the environmental organizations Stand.earth and Environmental Defense issued a report criticizing the Canadian government’s climate change policies and the role that the fossil fuels industry has played in ensuring that Canada’s government take weak action to address the climate crisis.

Among other things, the report concluded that, due in no small part to the relentless lobbying of the fossil fuels industry, Canada’s greenhouse gas emissions reduction target is grossly inadequate to avoid a climate catastrophe.

For The Real News, I spoke to Stand.earth Executive Director Todd Paglia about the report. As Todd explains, Canada’s federal and provincial governments are spending billions of taxpayer dollars to prop of the dying tar sands industry at a time when we should be rapidly phasing out the tar sands in order to preserve the livability of our planet.

My discussion with Todd can be seen and heard here:

https://therealnews.com/stories/can-canadas-tar-sands-industry-be-profitable-without-government-subsidies.

 

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