Canadian Governments Spent $23 Billion Supporting 3 Pipelines Since 2018 [1]
"A new report finds Canadian governments have provided billions to support pipelines — none of which have been completed to date — even as experts worry pipelines themselves undermine progress on climate goals"
"Governments in Canada have provided at least $23 billion in support for pipeline projects in Canada since 2018, according to a new report from the International Institute for Sustainable Development.
Government support for pipeline projects, the report said, “heavily undermines our ability to achieve our climate goals” and can result in “large increases in carbon emissions that last for decades.”
The report examines support in the form of direct transfers, loans, loan guarantees and other measures to three major pipeline projects: the Trans Mountain expansion, the now-cancelled Keystone XL and Coastal GasLink. "