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An outdoor shot of an oil-rig, set in a sepia tone.

Producer Fossil Fuel Subsidies

Producer subsidies are put in place to cut costs for fossil fuel producers. Some examples include tax breaks, public finance allocated specifically for fossil fuel production, and subsidies to state-owned enterprises.

G20 Recovery Packages Benefit Fossil Fuels More Than Clean Energy

Decisions taken in response to the COVID-19 crisis today will lock in the world’s development patterns for decades. With policy decisions made on a daily basis, information about how public money is being spent can be hard to follow. That is why a consortium of 14 expert organizations came together to track energy-specific responses by G20 governments.

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Press Release: Subsidies to renewables drop 35% as oil and gas subsidies go up 65%, next months to define future trends in India’s energy sector — report

New Delhi, April 16 – India’s renewable energy subsidies fell 35% from FY17 to FY19, while its oil and gas subsidies increased by 65%, according to a new study entitled Mapping India’s Energy Subsidies 2020, released today by the International Institute for Sustainable Development (IISD) and the Council on Energy, Environment and Water (CEEW).

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