Fossil fuels are driving affordability crisis—smart climate policy is the answer
Summary
The statement asserts that carbon pricing is not the cause of affordability challenges, which are instead driven by global geopolitical factors and oil and gas profiteering. It calls for the Canadian government to maintain a consistent price on pollution, provide support for home electrification and energy efficiency for low-income families, and implement a windfall profit tax on the fossil fuel industry to finance climate solutions.
Key insights
- Carbon pricing is not the primary driver of affordability challenges; instead, inflation and surging fossil fuel prices are mainly caused by global geopolitical factors and profiteering by oil and gas corporations.
- The oil and gas sector is Canada's highest-emitting sector, accounting for 28 per cent of national emissions, excluding downstream emissions from fuel combustion.
Cite the original document
- APA
- CAPE (2023). Fossil fuels are driving affordability crisis—smart climate policy is the answer. Canadian Association of Physicians for the Environment. https://cape.ca/fossil-fuels-are-driving-affordability-crisis-smart-climate-policy-is-the-answer/
- Chicago
- CAPE. Fossil fuels are driving affordability crisis—smart climate policy is the answer. Canadian Association of Physicians for the Environment, 2023. https://cape.ca/fossil-fuels-are-driving-affordability-crisis-smart-climate-policy-is-the-answer/.
- Wikipedia
- {{cite press release |last1=CAPE |title=Fossil fuels are driving affordability crisis—smart climate policy is the answer |publisher=Canadian Association of Physicians for the Environment |date=21 November 2023 |url=https://cape.ca/fossil-fuels-are-driving-affordability-crisis-smart-climate-policy-is-the-answer/ |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @misc{cape2023fossil, author = {CAPE}, title = {{Fossil fuels are driving affordability crisis—smart climate policy is the answer}}, publisher = {Canadian Association of Physicians for the Environment}, year = {2023}, month = nov, url = {https://cape.ca/fossil-fuels-are-driving-affordability-crisis-smart-climate-policy-is-the-answer/}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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