Fossil Fuel Subsidy Reform by the Numbers
This infographic is based on the report Cutting Emissions Through Fossil Fuel Subsidy Reform and Taxation.
You might also be interested in
India Must Significantly Step Up Clean Energy Subsidies to Meet its 2030 Targets
A new report by IISD and CEEW finds that to achieve 2030 clean energy targets, more support—which may include subsidies—will be needed to scale up solar manufacturing, green hydrogen, and promising decentralized renewable energy technologies.
B.C. commits $282 million to CleanBC Industry Fund investment, applications now open
Companies are getting a $282 million incentive to develop more climate-friendly ways of doing business in B.C.
One BC Fossil Fuel Subsidy Reached $1.2 Billion Last Year
Last year the provincial government gave away $1.2 billion in a single fossil fuel subsidy known as the Deep Well Royalty Credit, a tax credit for hydraulic fracturing wells, according to new analysis by Stand.earth.
Analysis: Ukraine crisis could boost ballooning fossil fuel subsidies
Sky-high oil prices resulting from a potential Russian oil import ban could force governments to pour more cash into fossil fuel subsidies to shield consumers from rising energy bills, rather than use the money to fight climate change.