Oil and Gas Companies Are Pocketing Most of BC’s ‘Clean’ Industry Funding
August 22, 2025 | Source: Canada’s National Observer | by Rochelle Baker
Climate critics are accusing the BC government of continuing to subsidize fossil fuel companies after announcing more funding to help heavy industry clean up carbon pollution.
The province announced $35 million in the coming year for industries adopting cleaner technology or the electrification of their operations to reduce green house gas emissions driving the climate crisis. The funding is derived from a portion of the revenue yielded by the province’s price on carbon generated by large emitters, which was intended to push companies to find cleaner solutions than burning fossil fuels.