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Canada to phase out International public financing for fossil fuels

Canada will join a group of about 20 countries and institutions this morning to announce an end to public financing for oil, gas, and coal projects by the end of 2022, Le Devoir reported late Wednesday, putting an end to anxious speculation about whether the Trudeau government would sign on to what was seen as a pivotal pledge during this year’s United Nations climate summit, COP 26, in Glasgow.


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