Locked In and Losing Out: British Columbia’s fossil fuel subsidies
Summary
British Columbia provided CAD 830 million in fossil fuel subsidies during 2017–2018, with a significant portion consisting of royalty credits for producers. The report argues that these subsidies, including support for the liquefied natural gas (LNG) industry via the BC-LNG Canada Agreement, undermine the 2018 CleanBC plan and hinder the province's ability to meet greenhouse gas emissions reduction targets.
Key insights
- British Columbia's fossil fuel subsidies totaled CAD 830 million in the 2017–2018 period, and the province continues to introduce new subsidies, particularly for the liquefied natural gas (LNG) sector.
- The majority of the province's fossil fuel subsidies are directed toward producers through royalty credits, with outstanding credits estimated between CAD 2.6 billion and CAD 3.1 billion.
- The BC-LNG Canada Agreement is cited as an example of support that locks in high-carbon investments, which the report claims undermines the 2018 CleanBC plan and the province's greenhouse gas emissions reduction targets.
Cite the original document
- APA
- Gass,, V. C. (2019). Locked In and Losing Out: British Columbia’s fossil fuel subsidies. International Institute for Sustainable Development. https://www.iisd.org/publications/locked-in-losing-out
- Chicago
- Gass,, Vanessa Corkal,Philip. Locked In and Losing Out: British Columbia’s fossil fuel subsidies. International Institute for Sustainable Development, 2019. https://www.iisd.org/publications/locked-in-losing-out.
- Wikipedia
- {{cite report |last1=Gass, |first1=Vanessa Corkal,Philip |title=Locked In and Losing Out: British Columbia’s fossil fuel subsidies |publisher=International Institute for Sustainable Development |date=19 November 2019 |url=https://www.iisd.org/publications/locked-in-losing-out |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{gass2019locked, author = {Gass,, Vanessa Corkal,Philip}, title = {{Locked In and Losing Out: British Columbia’s fossil fuel subsidies}}, institution = {International Institute for Sustainable Development}, year = {2019}, month = nov, url = {https://www.iisd.org/publications/locked-in-losing-out}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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