The proposed line is to be built by Fortis Inc., a $57 billion company heavily invested in fossil fuels. Canada is providing $655 million in low-interest loans through the CIB to support a project that will increase gas plant use in Ontario. This just doesn’t square with the Trudeau government’s commitment to end public financing for climate damaging fossil fuel projects.
Instead of importing fracked gas from Pennsylvania, burning it in Ontario and exporting the power back to the United States, we can tap into Quebec’s huge and underused hydropower system to provide zero emissions power to Ontario and phase-out our gas plants by 2030.
Signing pledges is one thing. Taking action to meet our commitments is another. Here’s how the Trudeau government to walk its talk on climate.
Please send a message to Canada’s Infrastructure Minister, Dominic LeBlanc. Tell him that the CIB should not be subsidizing the construction of a power line that will lead to increased use of gas plants in Ontario, driving up climate damaging emissions.