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Launching a Loss
The report finds that by 2031, total federal and provincial support for the BC LNG sector will amount to CAD 3.93 billion. This support includes CAD 1.62 billion in federal public finance and CAD 2.16 billion in provincial support through foregone revenue, reduced electricity rates, and enabling infrastructure. The authors argue that these subsidies shift risk from the private sector to the public and undermine British Columbia's climate targets by failing to uphold the polluter pays principle.
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Document type: Report
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