|
Home > End Fossil Fuel Tax Breaks
Where does this subsidy number come from?
Get the government to end hand-outs to big oil! The federal government continues to give billions of dollars in tax breaks to the
companies producing oil and gas in Canada. Analysis shows a total of $1.4 billion per year
in federal subsidies, $840 million of which are special tax breaks, with a disproportionate share going to dirty fuels
such as the Alberta Tar Sands. Lets take action and ensure the government stops these irresponsible tax-breaks in 2011! Get Involved!
Resources Talking points
Get involved
1. Contact the three people that need to hear from you! 2. Join the Climate Action Network Canada Facebook page and Newsletter and follow us on Twitter 3.a. Upload the fossil tax breaks counter to your website or blog (requires basic knowledge of HTML) 3.b. HTML code for the fossil tax breaks counter which can be copied and pasted to your web site 4. Check out the End Subsidies to Big Oil Video and the student loan video 5. See who supports and end to handouts to big oil by checking out the Open-Letter Resources Fuelling the Problem - Why it is time to end tax breaks to oil and gas companies in Canada IISD full report: Untold billions: Government support for upstream oil activities in three Canadian provinces IISD Key findings: Government support for upstream oil activies in three Canadian provinces Open Letter to Prime Minister Harper and Minister Flaherty Fossil Fuel Subsidies Fact sheet -English Fossil Fuel Subsidies Fact Sheet - French Here
are a few helpful lines thanks to the Citizens Climate Lobby:
End subsidies for dirty fuels!
Canadian
companies in the business of extracting oil made billions of dollars in profit
last year. So why does our government annually give the fossil fuel industry $1
billion?
If lawmakers in Ottawa are looking for ways to reduce spending,
it seems that subsidies to the oil, coal and gas industries are the best place
to start.
Scientists are warning that we face disastrous consequences
unless we reduce greenhouse gas emissions that come from burning fossil fuels.
By subsidizing the fossil fuel industry, the Canadian government is delaying
the conversion to clean energy that’s needed to stabilize the Earth’s climate.
Canadian taxpayers should not be giving money to highly
profitable corporations. When the federal government passes a new budget in
March, these subsidies for dirty fuels must come to an end. By doing so, Canada
will meet its 2009 commitment made in Pittsburgh, along with other G20 leaders,
to phase out subsidies and tax breaks to companies producing oil, gas and coal. Calculating PM Harper's subsidies: The federal government provides about $1.38 billion per year to subsidize oil production. The counter began on September 25, 2009, the day that Prime
Minister Harper formally committed to start phasing out subsidies to
fossil fuels at the G20 in Pittsburgh (the day the G20 Communique was
released). $1.38 billion per year means: * $3,780,822 per day. * $157,534 per hour. * $2,625.57 per minute. * $43.76 per second.
|
