BREAKING: Canada to Phase Out Public Financing for Fossil Fuels – The Energy Mix:

“If confirmed, this will be one of [Prime Minister Justin] Trudeau’s
only climate commitments to date that concretely addresses our risky oil
and gas sector, and hopefully the beginning of many more,” said Bronwen
Tucker, Oil Change’s global public finance campaign manager. “If
implemented effectively, this will remove up to C$9 billion/US$7 billion
a year in preferential, government-backed finance for oil and gas that
Canada has been sending internationally.”

“If confirmed, we will applaud Canada for showing much-needed climate
leadership by joining countries promising to shift public finance away
from fossil fuels before the end of 2022,” added Julia Levin, senior
climate and energy program manager at Environmental Defence. “As the
worst provider of public finance in the G20, taking this important step
is critical for Canada to meet its emissions target.”

BREAKING: Canada to Phase Out Public Financing for Fossil Fuels – The Energy Mix: “If confirmed, this will be one of [Prime Minister Justin] Trudeau’s
only climate commitments to date that concretely addresses our risky oil
and gas sector, and hopefully the beginning of many more,” said Bronwen
Tucker, Oil Change’s global public finance campaign manager. “If
implemented effectively, this will remove up to C$9 billion/US$7 billion
a year in preferential, government-backed finance for oil and gas that
Canada has been sending internationally.”“If confirmed, we will applaud Canada for showing much-needed climate
leadership by joining countries promising to shift public finance away
from fossil fuels before the end of 2022,” added Julia Levin, senior
climate and energy program manager at Environmental Defence. “As the
worst provider of public finance in the G20, taking this important step
is critical for Canada to meet its emissions target.”Read More