Canada is the country with the greatest increase in public financial support for fossil fuels. Between 2016 and 2020, the Canadian government's support for the oil, natural gas, and coal industries increased by 177 percent. By comparison, Mexico noted a 47 percent decline in such financial investments within the same time period. In 2020, China had spent the most on public fossil fuel support of any country.
Change in direct support of fossil fuels by governments worldwide between 2016 and 2020, by select country*
(in percent)
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BloombergNEF. (November 1, 2022). Change in direct support of fossil fuels by governments worldwide between 2016 and 2020, by select country* (in percent) [Graph]. In Statista. Retrieved December 31, 2024, from https://www.statista.com/statistics/1258335/change-in-fossil-fuel-support-by-governments/
BloombergNEF. "Change in direct support of fossil fuels by governments worldwide between 2016 and 2020, by select country* (in percent)." Chart. November 1, 2022. Statista. Accessed December 31, 2024. https://www.statista.com/statistics/1258335/change-in-fossil-fuel-support-by-governments/
BloombergNEF. (2022). Change in direct support of fossil fuels by governments worldwide between 2016 and 2020, by select country* (in percent). Statista. Statista Inc.. Accessed: December 31, 2024. https://www.statista.com/statistics/1258335/change-in-fossil-fuel-support-by-governments/
BloombergNEF. "Change in Direct Support of Fossil Fuels by Governments Worldwide between 2016 and 2020, by Select Country* (in Percent)." Statista, Statista Inc., 1 Nov 2022, https://www.statista.com/statistics/1258335/change-in-fossil-fuel-support-by-governments/
BloombergNEF, Change in direct support of fossil fuels by governments worldwide between 2016 and 2020, by select country* (in percent) Statista, https://www.statista.com/statistics/1258335/change-in-fossil-fuel-support-by-governments/ (last visited December 31, 2024)
Change in direct support of fossil fuels by governments worldwide between 2016 and 2020, by select country* (in percent) [Graph], BloombergNEF, November 1, 2022. [Online]. Available: https://www.statista.com/statistics/1258335/change-in-fossil-fuel-support-by-governments/
