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Review of fossil fuel subsidies stalls as Argentina ceased communication with Canada

  • In 2018, Canada and Argentina initiated an evaluation process of fossil fuel subsidy practices as part of their G20 pledge made in Ottawa.
  • The review intended to phase out all "inefficient" fossil fuel subsidies has come to a halt after Argentina stopped engaging in the process subsequent to its 2023 election and government transition.
  • Canada maintained dialogue with Argentina during the planning stages, but efforts stalled after the election of right-wing populist Javier Milei, who has dismissed climate change as a fabricated political agenda.
  • Similar G20 peer reviews typically took 12 to 24 months, but Canada ended its federal oil and gas subsidies in 2023 despite reports that it still spent nearly $30 billion in 2024 supporting the sector.
  • The stalled peer review highlights challenges in transparency and international cooperation on fossil fuel subsidies amid shifting political and environmental policies.
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Review of fossil fuel subsidies stalls as Argentina ceased communication with Canada

A peer review of fossil fuel subsidies between Canada and Argentina — already years behind schedule — stalled after Argentina ceased communication following its 2023 election and subsequent change in government.

·Canada
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  • 58% of the sources are Center
58% Center
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Rocky Mountain Outlook broke the news in on Tuesday, June 24, 2025.
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