#fossilfuelsubsidies — Public Fediverse posts

https://www.europesays.com/conflicts/21265/ Opinion | Trump’s Iran War Has Proved We Need to Get Off Fossil Fuels #ClimateEmergency #DonaldTrump #FossilFuels #FossilFuelSubsidies #Iran #IranWar #RenewableEnergy #RepublicanParty

“Including investments like #oil and #gas #pipelines and upstream #extraction facilities within the #PMD framework just adds to the litany of #fossilfuelsubsidies already provided by #federal and #provincial #governments.” www.policyalternatives.ca/news-researc...

The Canadian government's new ...

The Capitalist Veto: Why America Cannot Build What Its People Need

Solar waits, patients suffer, and workers sit idle while corporations demand maximum extraction. This exposes the grand economic con behind “free markets.”

"In effect, the rest of #Canada is being asked to subsidize the #oilsands into global competitiveness. This is an impossible task and a profound misallocation of public resources at a moment of converging #climate, #environmental, economic and security crises." https://www.nationalobserver.com/2026/07/30/opinion/pathways-carbon-capture-oilsands-subsidy

#cdnpoli #BigOil #fossilfuelSubsidies #climateCriminals

Canada pledged to end fossil fuel subsidies, but Carney added new oil and gas tax breaks

Photo Credit: iStock Environmental advocates say recent moves by Prime Minister Mark Carney’s government are undermining Canada’s earlier…
#Canada #MarkCarney #carboncapture #energytransition #EnhancedOilRecovery #EnvironmentalDefenceCanada #ExportDevelopmentCanada #fossilfuelsubsidies #liquefiednaturalgas #OilandGas #oilextraction
https://www.europesays.com/canada/146686/

Just more #fossilfuelsubsidies https://thenarwhal.ca/canada-carbon-capture-history/

#cdnpoli #climateCriminals #corporateCapture

I see on Our World In Data that The Netherlands charges almost $100 per tonne of CO2. I wonder if this takes into account that we indeed have rules to charge this, but that only small emitters like consumers pay this, and for large polluters we have fossil subsidies.

👉 https://ourworldindata.org/grapher/carbon-price-vs-share-emissions
👉 https://mas.to/@erwinrossen/111025115687360519

#FossilFuels #CO2 #ClimateChange #CarbonTax #FossilFuelSubsidies

RE: https://flipboard.com/@ctvnews/politics-eogsukr0z/-/a-ftcTOILjT_WFd1VvY5qaeQ%3Aa%3A2823982346-%2F0

And these ‘loans’ will no doubt never be repaid and will quietly written off by the government at some point. As it is done.

#CorporateWelfare #FossilFuelSubsidies

"The Oilsands Alliance originally promised to capture 68 megatonnes of emissions each year — the largest #carboncapture project in the world. Now that number has dropped to 16". It was always a myth. Carbon capture is the #CarneyCons euphemism for 'green' #tarsands #oil!!!! Pure BS! Just more #fossilfuelsubsidies!!! https://thenarwhal.ca/oilsands-pathways-emissions-promise/?mc_cid=6c49f3ae6d&mc_eid=1690475e4c

#climateBreakdown #cdnpoli #abpoli

"New analysis from Environmental Defence reveals that in 2025, the Government of Canada provided over $10 billion in subsidies and public financing to oil and gas companies and projects." https://environmentaldefence.ca/2026/05/21/new-report-shows-10-2b-in-federal-fossil-fuel-subsidies-for-2025/

#BigOil #cdnpoli #CorporateCapture #fossilfuelsubsidies #climateCriminals

#Canada's new $25B nation-building projects fund fuels fear of 'back door' oil and gas subsidies. https://www.nationalobserver.com/2026/04/27/news/canada-strong-fund-carney-announcement-oil-and-gas?nih=1rPea8fcVa9h-XTh2MniOav55iuNVUeXRk3ksKoPy4E

#cdnpoli #fossilfuelSubsidies #BigOil #CorporateCapture #climateCriminals

Degraded ecosystems - Australia's biodiversity report card leaves out fossil fuel support

"An international agreement, the Global Biodiversity Framework, called for governments to identify and stop financially supporting industries that harm the environment.But in its first report on its progress towards stopping biodiversity decline, Australia neglected to provide any estimate of its financial support to the fossil fuels industry."

"Australia's first progress report, submitted earlier this month, noted there was $242 million of financial support to the agriculture and fishing sectors that could harm the environment."

"Independent studies have suggested one to three species of invertebrates have gone extinct every week in Australia since European colonisation. "
>>
https://www.abc.net.au/news/science/2026-03-16/australia-biodiversity-report-card-ignores-fossil-fuel-support/106432678
#biodiversity #FossilFuels #Fossilfuelsubsidies #fishing #agriculture #harm #GBF #extinction #environment #EuropeanColonisation

A habitable climate?

Australian governments subsidising fossil fuel use by more than $30,000 a minute, analysis finds

"Australian federal and state government subsidies that encourage fossil fuel use and help drive the climate crisis will reach $16.3bn this year after leaping by nearly 10%, according to a new analysis."

"It found federal and state governments will pay or forgo the equivalent of $31,020 each minute in 2025-26 to subsidise companies producing and using coal, gas and especially oil, mostly in the form of diesel." >>
https://www.theguardian.com/environment/2026/mar/11/australian-governments-subsidising-fossil-fuel-use-by-more-than-30000-a-minute-analysis-finds

How much have our summers changed over three generations?

“What we’re seeing now is the rate in which the climate is changing is faster than any part of our Earth system can keep up with — our plants, our animals, our infrastructure, us." >>
https://www.abc.net.au/news/2026-03-12/australias-summers-are-getting-longer-with-more-extreme-heat/106419414
#FossilFuels #climate #FossilFuelSubsidies #oilandGas #ClimateCrisis #mining #extractivism #HotPlanet #heatwaves #habitability #HabitableClimate

https://www.europesays.com/2809652/ The Surprising Route to Energy Security: Scrap Fossil Fuel Subsidies #acceptability #Accessibility #affordability #availability #CleanEnergy #CrudeOil #CrudeOilPrice #Diesel #Energy #EnergyPrices #EnergySecurity #EnergyTransition #evs #FossilFuelSubsidies #FossilFuels #gasoline #IISD #InternationalInstituteForSustainableDevelopment #LiquefiedPetroleumGas #OilPrice #Petroleum #RenewableEnergy

Businesses Can Either Lead Transformative Change or Risk Extinction

Businesses Can Either Lead Transformative Change or Risk Extinction All Businesses Depend on and Impact Nature

"Business-as-usual Incentives are Driving Nature’s Decline
The loss of biodiversity is among the most serious threats to business
100+ Concrete Actions for Governments, Financial Actors & Civil Society"

"Every business depends on biodiversity, and every business impacts biodiversity. The growth of the global economy has been at the cost of immense biodiversity loss, which now poses a critical and pervasive systemic risk to the economy, financial stability and human wellbeing. This is a central finding of a landmark new report published today by the Intergovernmental Platform on Biodiversity and Ecosystem Services (IPBES)."

“Yet the twisted reality is that it often seems more profitable to businesses to degrade biodiversity than to protect it. Business as usual may once have seemed profitable in the short term, but impacts across multiple businesses can have cumulative effects, aggregating to global impacts, which can cross ecological tipping points. The Report shows that business as usual is not inevitable – with the right policies, as well as financial and cultural shifts, what is good for nature is also what is best for profitability. To get there, the Report offers tools for choosing more effective measurements and analysis.”

"The Report provides more than 100 specific examples of concrete actions that can be taken, across each of these five components, by businesses, governments, financial actors and civil society."
>>
https://www.ipbes.net/node/97532
#Biodiversity #life #habitability #Nature #degradation #loss #extractivism #IPBES #report #greenwashing #loggingImpacts #LobbyActivities #FossilFuelSubsidies #climate #BAU #risks #transformation

Glen Connley highlights the Libs lack of any policies to reduce govt spending. You know, they’ve been harping on about it in QT all week, it appears the govt is spending too much and that is responsible for the recent inflation figures. Connley also has a few suggestions of his own…

“If we’re talking about vehicles, how about closing the loopholes which enable people who buy big dumb utes to avoid paying luxury car tax?”

And

“Here’s another. How about taxpayers stop paying for the diesel used by multi-national mining companies? As we often point out, many of these companies pay very little tax or royalties already.”

It may all be tongue in cheek, but I really like both ideas.

(Source: https://live.thepoint.com.au/ )

#Libs #AusPol #FossilFuelSubsidies #CostOfLiving

New Video: BREAKING: New European Energy Security Deal & a Lesson in Negative Externalities https://www.youtube.com/watch?v=zpnqaZRxW-g #CleanEnergy #Renewables #NorthSeaWind #FossilFuelSubsidies #EnergyTransition

RE: https://mstdn.ca/@asiny/115928179424817767

#BigOil captured #MarkCarney 's Cons and #Canada is paying the price.

#cdnpoli #climateCriminals #fossilfuelsubsidies

Rugged individualism and climate change preparedness

" The US president has presided over a dangerous erosion in US capacity to prepare for and respond to natural disasters."

“Each year above 1.5 degrees will hammer economies, deepen inequalities and inflict irreversible damage,” UN secretary general António Guterres "
>>
https://www.theguardian.com/us-news/2026/jan/04/donald-trump-disaster-response-preparedness

Rugged individualism >>
https://en.wikipedia.org/wiki/Rugged_individualism
#Climate #ClimateDisruption #FossilFuels #preparedness #regulation #SocietalResponses #CollectiveSupport #SelfReliance #IndividualActions #SettlerSociety #RuggedIndividualism #individualism #sprawl #liberalism #inequallity #disasters #FossilfuelSubsidies

@kim_harding

"One analysis suggests that, for each dollar invested in political campaigns, oil companies receive returns of at least $400 in subsidies and tax benefits^13."

Goodness gracious.

[13] Myers, N. & Kent, J. Perverse Subsidies: How Misused Tax Dollars Harm the Environment and the Economy (Island, 2001).

#FossilFuels #FossilFuelSubsidies

More Oligarchs Who Get Our Tax Dollars

"Rising heat kills one person a minute worldwide."

"...Millions are dying each year because of failure to tackle climate crisis."

“We are living through the era of climate consequences. Heatwaves, floods, drought and disease are no longer distant warnings – they’re here now.
The continued burning of fossil fuels not only heats the planet but also produces air pollution, causing millions of deaths a year."
>>
https://www.theguardian.com/environment/2025/oct/29/rising-heat-kills-one-person-a-minute-worldwide-lancet-countdown
#FossilFuels #climate #ExtremeHeat #FossilFuelSubsidies #governance #Australia #failure #pollution #harm #mortality #bushfires

@peterdutoit

There's a fund from which to draw to foot the bill of the disaster costs: current subsidies to the fossil industry.

7 trillion dollars in subsidies for fossil fuel (oil and gas) companies, per year, world wide, says the International Monetary Fund:

https://www.imf.org/en/Blogs/Articles/2023/08/24/fossil-fuel-subsidies-surged-to-record-7-trillion

1.3 trillion in direct subsidies and the rest in indirect, implicit subsidies.

#FossilFuels #FossilFuelSubsidies

@ecotxe

"No hay más preguntas, señoría."

#WarOnCars #CarSubsidies #FossilFuelSubsidies #PublicTransport

@cbcnews @politics-cbcnews 'Fiscal anchors', 'fiscal guardrails' - a little clearer reporting, please. Maybe give an example of anchors such #wealthTax or extremeProfitTax or savings from terminating #FossilFuelSubsidies? Just sayin'....

Fossil Fuels: "The cost of inaction will always outweigh the cost of action."

"One and a half million Australians are at risk from sea levels rising by 2050 unless climate change can be limited, Australia’s first national climate risk assessment has warned. "

"Heatwave deaths in Sydney, for example, would rise by more than 400 per cent under a 3C scenario, and would still double under 1.5C scenario."
>>
https://www.abc.net.au/news/2025-09-15/climate-risk-assessment-sea-level-rise-2035-target/105765456
#FossilFuels #FossilFuelSubsidies #ClimateBreakdown #disasters #biodiversity #Gondwana #rainforest

"The #fossilfuel industry is set to receive $34.8 billion in handouts every year – over $4 billion of which were added by Trump and Republicans this year. These handouts have more than doubled since 2017, the last time Oil Change International studied the issue." https://oilchange.org/publications/paying-for-climate-chaos-us-subsidies-fossil-fuels/

#uspol #climateBreakdown #FossilFuelSubsidies #BigOil #CorporateCapture

#Wildfire smoke is bad for #humanhealth. If governments weren't captured by #BigOil and actually stopped #FossilFuelSubsidies we wouldn't be at such risk. https://thetyee.ca/News/2025/09/04/Smoketember-How-Protect-Yourself/

#bcpoli #nwtpoli #nspoli #nbpoli #cdnpoli #wildfires

No new coal or gas and more transparency

"We are hurtling towards disaster, eyes wide open […] It’s time to wake up and step up […] leave oil, coal and gas in the ground where they belong." António Guterres

"The science says we do need to rush. It is now over 30 years since the Australian government first accepted that climate change was real, was primarily caused by fossil fuels, and was an enormous risk to Australia, but centrists like Albanese are still telling us that it’s not yet time to stop building new gas or coal mines."
>>
https://theconversation.com/friday-essay-the-dangers-of-centrism-in-a-time-of-crisis-262961

Lagging federal lobbying rules leave door open for corruption and undue influence

"Opaque federal regulations give powerful interests like gambling, defence and fossil fuel sectors outsized influence over policy making. The lack of transparency and accountability risks corrupting the political decision-making process and reduces trust in our democracy."
https://transparency.org.au/lagging-federal-lobbying-rules-leave-door-open-for-corruption-and-undue-influence/
#FossilFuels #Australia #coal #denial #FossilFuelSubsidies #transparency #trust #accountability #corruption #LobbyIndustry #regulation

"Billions are given to #oil and gas corporations each year, including loans, #tax breaks and more. Exactly how many billions is a matter of debate." If we want a livable future, any #FossilFuelSubsidies is too much IMHO. https://thenarwhal.ca/oil-and-gas-subsidies-canada/

#Canada #cdnpoli #ClimateCriminals

"From 2010-22, O&G received nearly one-quarter trillion dollars ($248B) in income tax deductions from capital cost allowances (CCAs), natural resource expense claims, prior year losses applied, and capital gains exemptions. The sector received an additional $16.6B in refundable tax credits. During those years, O&G ranked first among non-financial industries in tax benefits received." https://www.taxfairness.ca/en/resources/news-views/canadas-oil-gas-sector-continues-receive-tax-breaks-while-climate-commitments

#cdnpoli #FossilFuelSubsidies #BigOil #CorporateCapture #ClimateCriminals #taxes

Why Now Is the Best Time to Reform Fossil Fuel Subsidies
#Energy #FossilFuelSubsidies #ClimateAction #FossilFuel #EnergyReform #SustainableFuture #CleanEnergy #IISD #SubsidyReform #LowOilPrices #GreenTransition #Reform #EnvironmentalPolicy #JustTransition
https://the-14.com/why-now-is-the-best-time-to-reform-fossil-fuel-subsidies/

Never mind about curbing #emissions, ending #fossilfuelsubsidies, aggressively shifting to #renewableEnergy, lets just monitor the #wildfires from space. At least it isn't #Starlink!!! https://cabinradio.ca/222161/news/environment/wildfires/canada-assigns-contract-to-build-new-wildfire-satellites/

#cdnpoli #nwtpoli #climateBreakdown

"In essence, #FossilFuelSubsidies serve as a negative price on carbon, undermining the impact of carbon pricing and environmental taxes."

https://development.asia/insight/aligning-carbon-taxes-and-fuel-subsidies-meet-climate-goals

Oh, oops.

Just so it's clear WHO is paying for these subsidies:

#FossilFuelSubsidies: G7 nations ignore targets and increase taxpayer funding to record levels

"Despite promising a fossil fuel subsidies phaseout by 2025, #G7 governments continue to increase taxpayer spend.

In total, subsidies have increased by 15 per cent since 2016 to a total of $1.36 trillion (€1.32 trillion) in 2023."

https://www.euronews.com/green/2025/02/04/fossil-fuel-subsidies-g7-nations-ignore-targets-and-increase-taxpayer-funding-to-record-le

Meanwhile, #FossilFuelSubsidies from G20 nations alone amount to US $ 1.1 tn.

"G-20 governments and state-owned bodies provided US $1.1 trillion in fossil-fuel support in 2022 – by far the highest volume for at least a decade. The main driver of this increase was the global energy crisis as policymakers sought to support consumers. However, $500 billion went to producers and utilities, some of which saw record profits that year."

https://about.bnef.com/blog/fossil-fuel-subsidies-stay-high-but-g-20-inch-forward-on-carbon-pricing-and-climate-risk-policy/