Big industrial plants in provinces covered by the national carbon pricing system paid more than $161 million for their greenhouse gas emissions in 2019, but some critics say the system is designed to ensure the biggest emitters pay the smallest price on pollution.
Big businesses set splashy climate targets but don’t always reveal their data. The Securities and Exchange Commission wants to change that — to protect investors.
"I am of the opinion that the project, as currently proposed, would likely cause unacceptable environmental effects within federal jurisdiction," Environment and Climate Change Minister Steven Guilbeault wrote.
Soaring temperatures are rapidly thawing permafrost, leading to huge carbon-spewing holes called thermokarst. Northern fires are making the situation even worse.
The Biden administration is raising vehicle mileage standards to significantly reduce emissions of planet-warming greenhouse gases, reversing a Trump-era rollback that loosened fuel efficiency standards.