Action items to support increased environmental, economic, and social policy efficiency in the province
Completing a self-review of all fossil fuel subsidies, including those listed in this report (see Annex 1). The self-review process should be consistent with WTO principles for subsidies and follow a process similar to other reviews that have been done at the G20 level. The process should be advised by an independent panel of experts on fossil fuel subsidies (e.g., the OECD, subsidy experts, representatives from other governments who have completed subsidy reviews, etc.). The review should also include estimates of the portion of certain subsidies that apply to fossil fuels and other sectors, so that the fossil fuel portion can be easily identified. All subsidies should be evaluated based on their environmental, social and economic costs, and of their ability to meet government policy priorities, including those related to climate change.