Lower oil prices could allow governments to cut subsidies and increase taxes on fossil-fuel consumption and use revenues to invest in renewable projects, said Ivetta Gerasimchuk at the International Institute for Sustainable Development.
Flooding at Whitewater Lake paints a bleak picture of how poor conservation practices can leave the next generation holding the bag when the weather changes.
Eliminating fossil fuel subsidies would obviously help Canada achieve its emissions-reduction targets. What's less obvious is how these subsidies undermine our economy, add to the tax burden, and hinder innovation.