More than 400 Canadian climate scientists and other academics are pleading with Finance Minister Chrystia Freeland to scrap her plan to create a tax credit for companies that build carbon capture and storage facilities.
Freeland floated the idea of the tax credit in last year’s federal budget and consultations to design it ended just before Christmas.
A letter sent to Freeland Wednesday asks her to ditch the idea altogether, calling it a massive subsidy to the oil and gas industry that directly contradicts Canada’s pledge to eliminate such subsidies and reduce greenhouse gas emissions.
University of Victoria geography and civil engineering
