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Share Alberta Premier Jason Kenney greets workers in Oyen, Alta, in July 2020 after announcing the provincial government s financial support of Keystone XL. The pipeline project has since been cancelled. Photo: Chris Schwarz / Government of Alberta / Flickr
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.