As climate action gains traction across Canada, a quiet feud is brewing in the oilsands over the best way to continue extracting fossil fuels in an era of decarbonization.
In an era of decarbonization, the Canadian Association of Petroleum Producers appears to be losing its influence on federal policy. But that doesn't mean Big Oil is on the way out.
“It was always a disaster from a climate change perspective, but this is now an economic crime that has stolen $30 billion of public funds from real climate solutions," said Greenpeace Canada senior energy strategist Keith Stewart.
Praise poured in from Canadian environmental groups on Sunday, March 5, 2023, for a newly signed treaty that will help protect biodiversity in the high seas, where conservation efforts across vast stretches of the planet have historically been hampered by a confusing patchwork of laws.
London-headquartered bank Barclays announced it will stop financing oilsands projects Wednesday in its annual report, marking another win for shareholder activists.
Oilsands executives insist they are all in on cutting emissions and will make big investments in green technology, but they maintain there isn't a place to invest that money yet.
With the United Nations biodiversity conference in Montreal underway, the federal government is putting over $1 billion on the table for conservation projects led by Indigenous Peoples in Canada and for developing countries.
Canada’s five largest banks all risk being kicked out of a United Nations net-zero banking club unless they can develop credible climate plans by next summer.
Canada and its international partners have to commit to weaning themselves off unnecessary plastics and aggressively creating a global circular economy to curb marine plastic pollution at the UN Ocean Conference in Lisbon.
Canada's new emissions standards for gasoline and diesel will allow oil companies that get a federal tax break for installing carbon capture and storage systems to also generate credits based on those systems, which they can then sell to refineries and fuel importers.