Recovery Through Reform: Assessing the climate compatibility of Canada's COVID-19 response in 2020
According to the Energy Policy Tracker, from March to December 2020, the federal government had committed at least CAD 14.7 billion to "clean" energy, compared to CAD 3.6 billion for "fossil" energy and CAD 4.7 billion for "other" energy.
Less transparent and available data is available for "fossil energy" commitments in Canada, making it significantly harder to track.
In 2020, government made significant announcements for building retrofits, electric vehicles, public transit, and more. However, some pledges are below best practices in other countries who are leading on green recovery, and trends in fossil fuel support are concerning.
Governments around the world are leveraging unprecedented amounts of capital to respond to the pandemic and bailing out struggling industries. Trends in energy-related spending indicate that despite the green push, the world’s largest economies have still favoured fossil energy over clean energy.
We evaluate energy-related spending in Canada in 2020 (since the onset of COVID-19), using data from the Energy Policy Tracker. Trends in Canada are then compared to flagship policies in key jurisdictions with recent progressive climate policy announcements, including France, Germany, and the United Kingdom. The brief ends with broad recommendations on how Canada can better align its recovery funding with climate action and fossil fuel subsidy reform.
This brief is one of three International Institute for Sustainable Development (IISD) policy briefs in its Recovery Through Reform series, which assesses how efforts to achieve a green recovery from COVID-19 in Canada rely on—and can contribute to—fossil fuel subsidy reform.
You might also be interested in
Foreign policy will hurt Canada's oil and gas sector more than anything: Economist
The Liberals take a minority government and with that comes stricter cuts to the oil and gas industry to meet a net-zero goal by 2050. Aaron Cosbey, economist at the International Institute for Sustainable Development joins BNN Bloomberg to discuss the future of climate policy in Canada.
Jagmeet Singh calls Liberals' climate record 'abject failure' in home stretch
As the Canadian federal election campaign nears its end, NDP Leader Jagmeet Singh is fighting off criticism from progressive environmentalists by trying to shift the focus back to Justin Trudeau's climate record.
Fossil fuel subsidies are one of Canada's biggest climate conundrums: where do the parties stand?
In 2009, when Canada and other G20 nations first pledged to tackle fossil fuel subsidies, a collective promise was made to do away with 'inefficient' subsidies. But the term inefficient has never been defined, giving governments and political parties during this election a significant amount of wiggle room.
Are you hearing what you've wanted to about climate in the election campaign?
Aaron Cosbey of the International Institute for Sustainable Development helps decipher the climate claims and rhetoric from the Canadian federal election campaign on Radio Noon Quebec with Shawn Apel.