Canada's subsidies and financing for oil and gas climbed to nearly $30 billion in 2024, much of it going to the Trans Mountain pipeline. “That is more than the price of building out interprovincial electricity transmission infrastructure, which is estimated to cost $24 billion,” writes Environmental Defense Fund, which crunched the numbers in a new report. Environmental Defence estimates costs associated with oil and gas pollution are even higher: about $53 billion in losses for Canadians. #FossilFuelSubsidies #EnergyTransition https://lnkd.in/eMk45Uxx
