Fossil fuel subsidies from Canadian provinces and territories exceed federal support for the industry, triggering fossil fuel production "that may not otherwise occur" and depriving provinces of "millions in uncollected royalty and tax revenue from fossil fuels," concludes a new report.
Canada's four main fossil fuel-producing provinces shelled out $4 billion in subsidies for the industry from April 2020 to the end of last year, a new report reveals.
Provincial governments are still providing billions of dollars to prop up fossil fuels, concludes a new report from the International Institute for Sustainable Development (IISD) tallying subsidies in Canada’s four major oil and gas producing provinces.
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.
This brief outlines how decision-makers can be brought into the discussion around comprehensive/inclusive wealth (C/IW). The goal of this discussion is to encourage countries to move beyond GDP and begin using C/IW as a means of assessing national progress.
The new pan-African payment settlement system can reduce transaction times to seconds and lower costs by billions of dollars, removing a key barrier to intra-African trade.
This Greenpeace UK, IISD and Oil Change International co-published briefing explains the International Energy Agency’s finding that keeping warming to 1.5C leaves no room for new oil and gas development