Environmental advocates call LNG tax incentive a fossil fuel subsidy

Construct Connect (CA): CALGARY, ALTA. — Environmental advocates say a tax incentive for “low carbon” liquefied natural gas facilities amounts to a government subsidy for the fossil fuel industry. The federal spring econo

Environmental advocates call LNG tax incentive a fossil fuel subsidy
Mynd: Mike van Schoonderwalt / Pexels

CALGARY, ALTA. — Environmental advocates say a tax incentive for “low carbon” liquefied natural gas facilities amounts to a government subsidy for the fossil fuel industry. The federal spring economic update included details around an accelerated capital cost allowance for LNG plants that fall under a certain emissions intensity threshold. The measure would allow LNG […] The post Environmental advocates call LNG tax incentive a fossil fuel subsidy appeared first on constructconnect.com.

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Construct Connect (CA)

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