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Report: Canada’s $3.3B in Oil & Gas Subsidies Undermines Climate Action

HeadlineNov 16, 2016

A new report by Canadian environmental groups says annual government subsidies of $3.3 billion to oil and gas companies undermine Canadian Prime Minister Justin Trudeau’s plans to impose a price on carbon dioxide emissions by 2018. Oil Change International said, “This system is like taxing consumers when they buy cigarettes while giving massive tax breaks to tobacco companies that encourage them to produce more cigarettes. It doesn’t make sense.”

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