IISD in the news

Provincial oil & gas sector aid topped $2.5B in fiscal 2021: report

Canada's four major oil and gas-producing provinces put at least $2.5 billion in total towards subsidies for the fossil fuel industry in the last fiscal year, according to a new report. The International Institute for Sustainable Development (IISD) says the subsidies undermine the federal government's goal of hitting net-zero emissions by 2050.

February 15, 2022