IISD in the news

Pandemic increased direct aid to fossil fuel producers, new study shows

A new report suggests the economic impact of the pandemic led to a massive increase in federal aid to Canada's oil patch.

But the annual inventory of fossil fuel subsidies published by the International Institute for Sustainable Development also highlights that almost all of the direct aid was paid out in two programs to protect jobs and cut greenhouse gas emissions.

February 25, 2021

IISD in the news details

Topic
Energy
Subsidies
Region
Canada
Focus area
Climate