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Or you could just stop subsidizing them and save about 4.8 billion a year. Why do we have to add more middlemen to document and collect taxes?
A lot of people don’t understand just how well the oil and gas industry is treated here. The subsidies are just the tip of the iceberg. If we could see everything that they get away with, I’m sure we’d be upset to say the least.
Exactly. The poorer their behavior, the more toys get taken away.
Yeah. We signed the Paris agreement and we were supposed to take steps to reduce greenhouse gas emissions. Our oil companies are the largest producers of these gasses and we were supposed to reduce production. And what did we do instead? We fucking subsidized more development projects in these industries.
We should fucking sue the government, and especially the Trudeau administration for not holding up their promises in accordance with the Paris accord agreement. That shit was signed in 2015 or 2016. We should have done something by now and nothing was done.
They even fucking promised to plant millions of trees and they planted like, what… 3? And stopped there.
They talk the talk but can’t walk the walk. We were duped.
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Why not take the money given to oil companies as R&D grants, and turn it into university R&D grants?
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Dunno, I would guess because oil companies donate more to political parties than grad students?
The same sources of cleaner energy that the oil companies have given up on and lied about?
No, they’re talking about Carbon Capture. Which is a new source of clean energy the oil companies are lying about.
Honestly I don’t care about this. I’d rather we just stop subsidising them and then slap them with a proper carbon tax. If they still manage to make a profit under those conditions, then we can talk.
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If they’re making record profits, why do they need so many subsidies?
They should be taxed regardless of profits…
CO2 tax please.
yes
Sure, but you know they’ll just raise the prices we pay to make up for it.
Here’s the weird thing: if they raise prices and we savagely tax all profits above a certain amount, it ultimately benefits EV people to a massive extent.
Even as a petrol car family, I’m hugely in favour of that plan.
EVs are a stop gap measure. We need better public transit infrastructure and better railways.
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Seems like all industries are experiencing record profits, while hard working folks are experiencing record debt.
There’s no way the two are connected. /s 🙄
Should have started this 20 years ago.
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