Canada's ban on fossil fuel tax breaks will target production boosting measures

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Canada's ban on fossil fuel tax breaks will target production boosting measures
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Canada will propose long\u002Dawaited measures to end some fossil fuel subsidies this month, including those that help boost production. Read on.

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Guilbeault gave few specifics but said money for technologies such as capturing and storing carbon dioxide — which aim to catch emissions before they enter the atmosphere — will still be allowed.Article content “In Canada, oil and gas companies need to ramp up their decarbonization efforts, especially when they are making record-level profits,” Guilbeault said.

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