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Premier Kenney says there are no subsidies for the oil and gas industry in Canada, as the International Energy Agency and OECD call on governments to quit subsidies and tax breaks for fossil fuel companies. Maybe in Saudi and Venezuela, he says, but not here #ableg #cdnpoli
Kenney says the Alberta government is still working on a possible O&G assistance package, because companies have been unable to get their hands on federal liquidity cash #ableg #cdnpoli
That's as CAPP asks Ottawa for 100% deductables on capital investments in O&G, as outlined here theglobeandmail.com/business/artic… #ableg #cdnpoli
Worth noting as well that the provincial UCP and NDP governments have both loaned millions ($135m) to the Orphan Well Association at zero-% interest. The Feds OWA cash as well. It's supposed to be fully industry funded. #ableg #cdnpoli
The provincial and federal governments have also both bought pipelines, and fees O&G companies pay to the Alberta Energy Regulator are currently on hold (b/c pandemic). All comes back to what you reckon is a subsidy, I guess ¯\_(ツ)_/¯ #ableg #cdnpoli
Also, the OECD has a neat-o tool where you can compare fossil fuel supports/subsidies/tax breaks etc and filter it by country. Fun! www1.compareyourcountry.org/oecd-fossil-fu… #ableg #cdnpoli
There's also this cool little data worksheet (mmmm, graphs). There are also links if you scroll down to all kinds of extra info on Canada. oecd.org/fossil-fuels/d… #ableg #cdnpoli
And here's another fun link: Here, the war room (yes, that war room) acknowledges the O&G industry got $1.9b in subsidies canadianenergycentre.ca/analyzing-clai… #ableg #cdnpoli
Anyway I have a story to write so peace out ✌️
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