Fossil fuel subsidies : independent audit report. : FA1-23/2017-1-8E-PDF

“This audit focused on whether the Department of Finance Canada and Environment and Climate Change Canada, in a manner consistent with their respective roles and responsibilities, supported Canada’s 2009 G20 commitment to phase out and rationalize inefficient fossil fuel subsidies while providing targeted support for the poorest. This audit is important because while fossil fuels play an important role in Canada’s economy, their consumption is the main source of greenhouse gas emissions. Fossil fuels also have a negative impact on the health of Canadians. Furthermore, inefficient subsidies to the fossil fuel sector encourage wasteful consumption, undermine efforts to address climate change, and discourage investment in clean energy sources”--Focus of the audit, p. 2.

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