Environment Minister Steven Guilbeault approved a six-figure climate change grant to Canada’s largest beer maker..Guilbeault’s department paid $250,000 to replace a diesel boiler at the company's St. John's brewery..“This project is a good example of the climate leadership that will be supported,” the Department of Environment said in a statement..The grant was paid to Labatt Brewing Company, a Canadian subsidiary of Anheuser-Busch InBev Inc., a Fortune 500 company. The multinational corporation reported $53 billion in North American revenues last year..According to Blacklock's Reporter, Guilbeault’s department matched its quarter-million grant to a similar provincial subsidy to replace Labatt’s diesel boiler with propane units at its Newfoundland and Labrador plant. According to official estimates, the company paid only half the total $1 million cost..“Investments in climate action initiative like this show the Government of Canada’s commitment to fighting climate change,” said the environment department. The subsidy was paid through a $2.2 billion Low Carbon Economy Fund..“The Fund supports projects that help reduce greenhouse gas emissions, generate green growth, build resilient communities and create good jobs for Canadians,” Minister Guilbeault testified May 3 at the House of Commons environment committee. “These projects are critical.”.Labatt is the biggest Canadian brewer, with an estimated 43% of the national market. The company received federal subsidies in the past including $1 million in 2017 farm aid to “purchase equipment and expand volume of production.” The Department of Agriculture subsidy was paid under Growing Forward 2, a grant program for food processors..In a 2021 report, the company boasted of its climate consciousness. “Beer is a formidable engine for economic growth and sustainable development and a driving force for promoting social norms,” said the report..“With products made from simple ingredients, we understand the true value of the planet’s precious resources,” wrote Anheuser-Busch. “We work with nature instead of against it, leveraging nature-based solutions to develop resilience where it is needed most.”.“Climate change is one of the most pressing global challenges,” said the report. “Our business is one that is closely tied to the natural environment.”.The Department of Environment yesterday claimed the taxpayers’ grant would reduce emissions from the Anheuser-Busch plant in St. John’s by 528 tonnes annually
Environment Minister Steven Guilbeault approved a six-figure climate change grant to Canada’s largest beer maker..Guilbeault’s department paid $250,000 to replace a diesel boiler at the company's St. John's brewery..“This project is a good example of the climate leadership that will be supported,” the Department of Environment said in a statement..The grant was paid to Labatt Brewing Company, a Canadian subsidiary of Anheuser-Busch InBev Inc., a Fortune 500 company. The multinational corporation reported $53 billion in North American revenues last year..According to Blacklock's Reporter, Guilbeault’s department matched its quarter-million grant to a similar provincial subsidy to replace Labatt’s diesel boiler with propane units at its Newfoundland and Labrador plant. According to official estimates, the company paid only half the total $1 million cost..“Investments in climate action initiative like this show the Government of Canada’s commitment to fighting climate change,” said the environment department. The subsidy was paid through a $2.2 billion Low Carbon Economy Fund..“The Fund supports projects that help reduce greenhouse gas emissions, generate green growth, build resilient communities and create good jobs for Canadians,” Minister Guilbeault testified May 3 at the House of Commons environment committee. “These projects are critical.”.Labatt is the biggest Canadian brewer, with an estimated 43% of the national market. The company received federal subsidies in the past including $1 million in 2017 farm aid to “purchase equipment and expand volume of production.” The Department of Agriculture subsidy was paid under Growing Forward 2, a grant program for food processors..In a 2021 report, the company boasted of its climate consciousness. “Beer is a formidable engine for economic growth and sustainable development and a driving force for promoting social norms,” said the report..“With products made from simple ingredients, we understand the true value of the planet’s precious resources,” wrote Anheuser-Busch. “We work with nature instead of against it, leveraging nature-based solutions to develop resilience where it is needed most.”.“Climate change is one of the most pressing global challenges,” said the report. “Our business is one that is closely tied to the natural environment.”.The Department of Environment yesterday claimed the taxpayers’ grant would reduce emissions from the Anheuser-Busch plant in St. John’s by 528 tonnes annually