Correcting Canada’s “one eye shut” climate policy

Technical Paper #2021-4

Version Number: 1.1

April 16, 2021

Angela V. Carter and Truzaar Dordi

Meeting Canada’s climate commitments requires ending supports for, and beginning a gradual phase out of, oil and gas production.

This paper shows how growing oil and gas production is impeding Canada from meeting its climate commitments, outlines how the federal government is supporting oil and gas production growth, and recommends specific policies the federal government could adopt in the near-term to begin a phase out of oil and gas production.

Dr. Angela V. Carter is an Associate Professor at the University of Waterloo and a Fellow at the Cascade Institute. Her research focuses on environmental policy and politics surrounding oil extraction in Canada’s major oil producing provinces. Truzaar Dordi is a PhD Candidate in the School of Environment, Enterprise, and Development at the University of Waterloo. His research examines financial system stability along a low-carbon transition, which is necessary for safeguarding societal welfare against the high costs of inaction.

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