On both sides of the border, oil subsidies under threat
As Environment Minister Baird muses aloud about how those pesky Liberals like Stephane Dion subsidised the tarsands and he can't figure out why, the U.S. House of Representatives votes 264-163, including 36 Republicans voting with the majority Democrats, to repeal US$14bn of oil subsidies and other financial benefits . (NYT, rego required) Garth Turner fires back at Baird, pointing out some interesting issues: Dion was not involved in the programme Baird mentioned the programme began when oil was at $21/bbl, not $50 as it has been recently tarsands get more financial benefits than conventional oil and gas - in fact the same incentives as renewables Turner goes on : what we don’t need is an environment minister who has started his mandate lying about who did what, when, instead of what he’s going to do, now. Indeed. However, it would have been good to see the Martin government think aloud about these subsidies when they had the chance. From when Martin took power in December 2003...