G20 country governments are providing $444 billion a year in subsidies for the production of fossil fuels. In Canada, at the federal level, this amounts to a minimum of $1.6 billion, mainly through tax expenditures. At the provincial level, tax breaks amount to a minimum of $979 million annually. In fact, the numbers are even larger. Fossil fuel companies recognize values gained when sympathetic politicians are there to determine financial policies so oil and gas producers spend extravagantly to sustain a synergetic relationship. In recent years, they’ve courted journalists and media companies whose financial comforts have been in decline. Many of those have turned out to be of easy virtue.

Nineteen months and one general election have passed since Premier Clark announced “establishment of a new British Columbia Prosperity Fund.” However, we still have no word on exactly how LNG is going […]

BC Liberals are reluctant spenders when it comes to improving public schools. However, they’re not reluctant to put money into the pockets of natural gas producers. The amounts are in the billions […]