University of Calgary

University of Calgary

September 30, 2011 15:00 ET

University of Calgary: Fossil fuels subsidies: reality or myth?

CALGARY, ALBERTA--(Marketwire - Sept. 30, 2011) - Some politicians and commentators have made great hay vilifying "subsidies" to "big oil," making the case that profitable companies should not receive public subsidies. This line of argument makes sense on its face – assuming oil and gas producers in Canada really get subsidies.

At an event hosted by The School of Public Policy, professors Ken McKenzie and Jack Mintz will unveil their research into the methodology used for measuring fossil fuel subsidies. The authors will argue that previous studies that measure subsidies are flawed and propose alternative methods that can paint a more accurate picture of reality. Using their methods, the authors will quantify government incentives to the Canadian energy sector.

What: School of Public Policy event - The Myths and Facts of Fossil Fuel Subsidies

When: Tuesday, October 4, 2011. Presentation at 8:00 a.m., Media Availability at 9:00 a.m.

Where: The School of Public Policy, University of Calgary Downtown Campus

5th floor, 906 8th Ave. S.W., Calgary, Alberta

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