{"query_echo":{"q":"","filters":{"analysis_type":["fiscal inventory"]},"warnings":[{"code":"facet_value_not_in_vocabulary","message":"Value 'fiscal inventory' for facet 'analysis_type' is not in the controlled vocabulary."}]},"total":{"value":1,"relation":"eq"},"page":1,"page_size":20,"self":"https://climateinsightsdirectory.org/api/v1/search?analysis_type=fiscal+inventory","stability":"beta","ai_marking":{"digital_source_type":{"uri":"http://cv.iptc.org/newscodes/digitalsourcetype/trainedAlgorithmicMedia","name":"Created using Generative AI"},"notice":"Summary and key insights are generated using artificial intelligence."},"results":[{"id":"iisd-003220","url":"https://climateinsightsdirectory.org/document/iisd-003220","title":"Locked In and Losing Out: British Columbia’s fossil fuel subsidies","publisher":{"name":"International Institute for Sustainable Development","organization":"international-institute-for-sustainable-development"},"document_type":"report","language":"en","date_published":"2019-11","source_url":"https://www.iisd.org/system/files/publications/locked-in-losing-out.pdf","generator":"Climate Insights Directory","generated_fields":["summary","key_insights","climate_tags","geography_discussed","analysis_type"],"summary":{"text":"The report identifies that British Columbia provides hundreds of millions of dollars in annual fossil fuel subsidies through tax exemptions, royalty reductions, and direct spending, which contradicts its CleanBC climate policy. It highlights a significant amount of foregone revenue, including billions in outstanding royalty credits and specific long-term supports for the liquefied natural gas (LNG) sector, and recommends a transparent self-review and phase-out plan.","ai_generated":true,"unit":"iisd-003220#summary","date_modified":"2026-10-23"},"key_insights":[{"text":"In the 2017–18 fiscal year, British Columbia provided at least CAD 830 million in fossil fuel subsidies via direct spending, royalty reductions, and provincial tax exemptions.","ai_generated":true,"unit":"iisd-003220#insight-1","date_modified":"2026-10-23"},{"text":"The province has a substantial amount of foregone public revenue in the form of outstanding royalty credits for oil and gas producers, estimated between CAD 2.6 billion and 3.1 billion.","ai_generated":true,"unit":"iisd-003220#insight-2","date_modified":"2026-10-23"},{"text":"Fossil fuel producers claimed over CAD 631 million in royalty credits in the 2018-19 period alone.","ai_generated":true,"unit":"iisd-003220#insight-3","date_modified":"2026-10-23"},{"text":"The BC-LNG Canada Agreement provides significant long-term support for the LNG sector, including the elimination of the LNG income tax, a PST deferral on construction costs, and the provision of electricity at standard industrial rates.","ai_generated":true,"unit":"iisd-003220#insight-4","date_modified":"2026-10-23"},{"text":"The value of the four primary subsidies in the BC-LNG Canada Agreement is estimated at at least CAD 110 million per year.","ai_generated":true,"unit":"iisd-003220#insight-5","date_modified":"2026-10-23"},{"text":"Fugitive methane emissions and non-methane emissions from controlled venting are exempt from the provincial carbon tax, representing a subsidy of at least CAD 56 million based on 2016 data.","ai_generated":true,"unit":"iisd-003220#insight-6","date_modified":"2026-10-23"},{"text":"The province has provided at least CAD 268 million in provincial tax exemptions for 2017–18, including exemptions for international jet fuel, which rose to CAD 23 million in 2018–19.","ai_generated":true,"unit":"iisd-003220#insight-7","date_modified":"2026-10-23"},{"text":"Direct government spending has supported the natural gas sector through infrastructure, such as the CAD 82 million LNG Canada load interconnection project, and the CAD 10.7 billion Site C Dam, which critics argue primarily serves oil and gas development.","ai_generated":true,"unit":"iisd-003220#insight-8","date_modified":"2026-10-23"},{"text":"The CleanBC framework includes measures that function as fossil fuel subsidies, such as rebates for high-efficiency natural gas equipment in buildings and the CleanBC Industrial Incentive Program (CIIP) and CleanBC Industry Fund (CIF) for heavy industry.","ai_generated":true,"unit":"iisd-003220#insight-9","date_modified":"2026-10-23"},{"text":"Between 2016 and 2018, the BC government committed at least CAD 119 million to compressed natural gas (CNG) fleets in specific cities.","ai_generated":true,"unit":"iisd-003220#insight-10","date_modified":"2026-10-23"}],"climate_tags":["fossil fuel subsidy","carbon price","liquefied natural gas","natural gas","methane emissions","renewable energy","energy efficiency","greenhouse gas emissions","low-carbon economy","hydroelectricity"],"geography_discussed":["Canada"],"frame_perspective":[],"analysis_type":["policy analysis","fiscal inventory"]}]}