Locked In and Losing Out: British Columbia’s fossil fuel subsidies
Summary
This report by the International Institute for Sustainable Development (IISD) analyzes fossil fuel subsidies in British Columbia, arguing that they undermine the province's climate goals and the CleanBC plan.
Key insights
- British Columbia's fossil fuel subsidies totaled CAD 830 million during the 2017–2018 period, with new subsidies continuing to be developed, particularly for the liquefied natural gas (LNG) sector.
- The majority of the province's fossil fuel subsidies are directed toward producers via royalty credits, resulting in an accumulation of between CAD 2.6 billion and CAD 3.1 billion in outstanding credits.
- Provincial fossil fuel subsidies, including the BC-LNG Canada Agreement, conflict with the 2018 CleanBC plan and hinder the province's ability to reach greenhouse gas emissions reduction targets by locking in high-carbon investments.
- The IISD recommends that British Columbia phase out fossil fuel subsidies to ensure policy coherence and address climate impacts such as sea level rise, coastal erosion, and record-breaking wildfires.
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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