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Budget 2021: How will spending on a green recovery affect Canada’s oil and gas industry?

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The Canadian government sees the 2021 federal budget as a pivot point towards a greener economy.

Among the government’s budget proposals: $80 million towards a net-zero economy, which would include investing in clean technologies and reducing emissions.

Ottawa is also proposing a $115 million climate plan that includes help for agriculture and $90 million in interest-free loans to retrofit homes for energy efficiency. They also plan to put $605 million towards protecting nature.

But as Eric Sorensen reports, one region of Canada is watching the green transition with some trepidation— the oilpatch.

For more info, please go to https://globalnews.ca/news/7771613/canada-budget-clean-tech/
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Category
U.S. & Canada
Tags
Canadian budget 2021, Canadian federal budget 2021, federal budget 2021
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