Why should oil and gas companies pay for it? Climate science has been known for decades now yet governments and society lined up everyday to guzzle fossil fuels. We are to blame just as much as them. We benefited with a kick ass lifestyle, they benefited with profits.
Governments can obviously choose to end subsidies to oil and gas. But that’s up to them, in the mean time we can’t expect oil and gas to refuse it.
As for a carbon tax. My province has had one for 15 years. Emissions continue to grow, beyond population growth. There just aren’t practical alternatives in place. So the tax is just a tax not an incentive. It was advertised as revenue neutral for a while, to sell it but eventually that was rolled back and it’s just a tax now. But they have set some of that money aside for low carbon initiatives. I personally applied for a grant at my last job. We received over 1M for reducing our emissions. The project had a killer business case too so we were mostly motivated by that. We would have done it regardless of the subsidy or not.
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