G20 countries are estimated to be spending $88 billion every year subsidising exploration for fossil fuels. This new report documents, for the first time, the scale and structure of fossil fuel exploration subsidies in the G20 countries.
fossil fuel subsidies
The $88 Billion Fossil Fuel Bailout
A new report by the Overseas Development Institute and Oil Change International has found that governments are still spending a whopping $88 billion every year supporting fossil fuel exploration.
Subsidy Spotlight: Paying the Price of Tar Sands Expansion
From tar sands refinery subsidies in Whiting, Indiana and cash-strapped Detroit to petcoke covering the neighborhoods of Southeast Chicago, this subsidy spotlight explores the human impact of government subsidies gone haywire.
Enbridge Intends to Take Enormous Subsidy for Alberta Clipper Tar Sands Pipeline
Enbridge is side-stepping environmental regulations and corporate taxes in attempts to increase Canadian tar sands exports through the United States.
Cashing In On Carbon: How Taxpayer Dollars Greenwash Dirty Energy
From the Wyoming coal mines, to the gasification plant in Penwell, to the oilfields of the Permian Basin — this subsidy spotlight explores the human impact of government subsidies gone haywire.
Richest Countries Spending Billions to Expand Unburnable Carbon Stock
A new report released today by Oil Change International outlines billions of dollars of annual subsidies from the seven richest countries in the world to expand fossil fuel reserves, despite repeated commitments from those same countries to phase them out.
Subsidizing Unburnable Carbon: Taxpayer Support for Fossil Fuel Exploration in G7 Nations
A new report by Oil Change International identifies billions of dollars in subsidies for fossil fuel exploration from the world’s wealthiest countries.
Not at Home on the Range: Subsidized Fracking Hits Colorado
Subsidy Spotlight: The fracking boom has had devastating health and environmental impacts in Colorado – and it likely wouldn’t have been possible without government subsidies.
Subsidy Spotlight: Paid to Pollute and Poison
The BP gulf oil spill may not have happened without government subsidies. In fact, at least two major subsidies were used both before and after the explosion of the Deepwater Horizon to support BP.
U.S. Government Providing Billions in Fossil Fuel Subsidies to Unburnable Carbon
Today, Oil Change International released a comprehensive report on fossil fuel exploration and production subsidies in the U.S. – Cashing in on All of the Above: U.S. Fossil Fuel Production Subsidies under Obama – which demonstrates that at a time when we need urgent action on climate change more than ever, the U.S. government is … Read More