IISD in the news

Natural gas royalty credits cost B.C. $1 billion more than expected over last four years

A review of four years of budget documents shows the B.C. government underestimated by $1 billion the amount of revenue it would forgo due to natural gas royalty credits, a shortfall that experts say highlights the volatile nature of markets and flaws in the province’s fossil fuel subsidy program.

January 22, 2021

IISD in the news details