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FOSSIL FUEL SUBSIDIES 

THE CHALLENGE: 

Fossil fuels are the biggest single energy sources and replacements for the energy-dense, easily transported fuel are hard to find. Only more fuel-efficient vehicles, better public transport, and electric cars will get us off the fossil fuel hook. Oil and coal are the two biggest fossil fuel sources. They are relatively easily accessible and more readily available to the general public. This is largely because of the subsidies that are given to fossil fuels to make them cheaper and more easily available. Canada contributed over $3 billionto oil and gas in 2015. Without this money dedicated to fossil fuels they would be way more expensive, and less readily available. In the United States, the federal government has paid $74 billion for energy subsidies to support R&D for nuclear power and fossil fuelsfrom 1973 to 2003. During this same time, renewable energy technologies and energy efficiency received a total of $26 billion. This unbalance in subsidies perpetuates myths like renewable resources are expensive and they would hurt the economy as well as cost jobs. Both the federal and provincial governments are providing these subsidies. Examples of federal programs include the Canadian Development Expense, the Canadian Exploration Expense, and the Atlantic Investment Tax Credit, with a yearly average value of $1 billion, $148 million and $127 million, over 2013 to 2015. Examples of provincial programs include Crown Royalty Reductions in Alberta with an average value of $1.16 billion and the Deep Drilling Credit in British Columbia valued at $271 million, over the same years. These subsidies are setting back progress when it comes to the transition between fossil fuels to renewable resources, and its vital that they be discontinued. 

THE SOLUTION:

There are constantly new discoveries being made regarding environment-friendly alternatives to everyday items. It is vital that these companies are invested in, to allow for their innovations to reach the masses, and hopefully change the way we use energy. At a time the idea of harvesting energy from the sun, was also just an abstract idea, and if that idea were suppressed at the time, the world of renewable resources would be starkly different. Innovation is the forefront of change, so governments as a whole, must be more open minded to new solutions. In fact the fossil fuel sector has a secret as well, it is massively subsidized, which helps fossil fuels be as cheap as they are. In Canada alone, over $3 billion in subsidies support the production of oil and gas. Without these subsidies, the true cost of fossil fuels is actually much higher; to make it worse these subsidies are paid with public money coming out of the pocket of the average taxpayer. This money should be used to support renewable resources that could better help support clean energy, if all the money given to fossil fuels as subsidies would be given to renewable resources instead, soon enough they could become the new norm and take over the energy sector. There are plenty of success stories from other countries as a result of investing in renewable alternatives. Sweden has one of the most creative sources of energy, the major city of Linkoping was successful in running its fleet of buses, garbage trucks, a train line, and some private taxis, from the methane produced from the entrails of dead cows. Some argue that slaughter of the cows is not ethical, but for the most part the cows used here are those who are towards the end of their life anyways. Even if Sweden were to start slaughtering cows to power a majority of transportation, it would still kill fewer cows than Americans do for the purpose of eating. Each cow’s remains provides about 4km for the train. The remains of the cows are stewed gently for a month, before the methane can be drawn out at the biogas factory. The more common and widespread sources of renewable resources are; solar energy, wind energy, geothermal energy, wave energy, harvesting algae biodiesel, and nuclear energy which is highly dangerous at the moment but its possible that it could become more accessible in the future. This is why there needs to be more federal funding put aside for researching and implementing renewable resources. Unfortunately, in the Trump Administration, there have been many budget proposals that would likely cut spending on renewable energy. Trump has proposed a 31% cut in spending for the EPA and 6% cut for the Energy Department. The budget would also not fund the Clean Power Plan and other climate change programs like it, along with fewer shutdowns of coal plants all over America. Trump is planning to revive the coal industry by slashing CO2- reducing regulations that stop their growth. The decisions made by the Trump Administration are especially vital right now because America is the 2ndhighest contributor of carbon emissions in the world, closely following behind China. If America does nothing soon it will likely be able to surpass China and become the highest emitter of carbon emissions, because China has recognized the problem and are going all in and allotting $320 billion to implementing renewable resources within the country, while staying on track to meet their requirements for the Paris Agreement. 

My childhood has always been in and around nature, and it holds great sentimental value and importance to me. My favourite place in the world, is the swing set in my backyard, underneath the huge 150-year old oak tree, it’s the place I turn to when stress and responsibilities seem to be getting the most of me. Nature is essentially another member of my family and its presence has shaped me into the person I am today. This connection to nature is what’s driven me to be passionate about climate change, and the inadequacy of the manner in which the world has handled this problem makes me furious. This is why I decided to stop waiting around for others and take matters into my own hands. 

CONTACT >

E: janmeetd@gmail.com 

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