B.C., federal governments announce $680 million to support future fossil fuel development in the province

August 29, 2019

VICTORIA, B.C. – Provincial and federal governments announced today they will subsidize fossil fuel development further by committing $680 million to electrify natural gas facilities that have yet to be built.

“By prioritizing this $340 million to potentially reduce the future emissions from fossil fuel companies, the NDP government is not only providing more subsidies for the growth of the fossil fuel sector, but are also neglecting their responsibility to this province to be making the investments for an alternative future,” said B.C. Green Party Leader Dr. Andrew Weaver, MLA for Oak Bay-Gordon Head. "Investing in electrification infrastructure that moves our province to a greener economy must be a priority, but it is a missed opportunity when it is only to potentially offset future emitters, and the rest of the economy — and our emissions targets — are left treading water. 

“British Columbians are looking for leadership that is investing in their future by supporting the industries of tomorrow, not the dinosaurs of yesterday. With this massive subsidy, the NDP are investing in the very industries whose practices for the last many decades have contributed to the climate change crisis that is affecting British Columbians every single day — the heatwaves, droughts, wildfires, and species declines. Government’s own strategic risk assessment they released without so much as a statement last month contained clear warnings to this affect- again, warnings scientists have been making for decades.

“We should seize the opportunity to be a global leader in building a clean, vibrant economy based on new industries that aren't the source of climate change. Instead, with today’s announcement we are asked to celebrate that we may slightly reduce the pollution coming from our oil and gas sector, even as it continues to grow. I know we can do better.”

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