Peter Routledge, who leads the Office of the Superintendent of Financial Institutions, said Monday that while it likely won't happen this year, it's important that banks build up capital buffers this decade to guard against potentially increasing volatility ahead.
Instead of cutting ties with the industry, banks and other large financial institutions should use their proverbial gold to make new rules, writes columnist Max Fawcett.
Getting the world to net-zero emissions by 2050 will require the production of critical minerals and metals to grow sixfold over the next 30 years, the International Energy Agency declared in a report earlier this year — and it found the current pace of growth isn't even close.
While world leaders and negotiators are hailing the Glasgow climate pact as a good compromise that keeps a key temperature limit alive, many scientists are wondering what planet these leaders are looking at.
Leaders of the world’s biggest economies made a compromise commitment on Sunday, October 31, 2021 to reach carbon neutrality “by or around mid-century” as they wrapped up a two-day summit that was laying the groundwork for the U.N. climate conference in Glasgow, Scotland.
The change in the proposed Environmental Goals and Climate Change Reduction Act introduced Wednesday moves up the phasing out of coal by about 10 years.
One thing is increasingly clear: while trash-talking the federal carbon tax may still play well within the Conservative family, it is increasingly toxic to the rest of the country, writes columnist Max Fawcett.
The production of steel, cement, and ammonia together emit about one-fifth of all human-caused CO2. Technologies are emerging that promise to decarbonize these problem industries, but analysts warn big challenges remain before the processes can be cleaned up.
A new report shows the world is on a “catastrophic pathway” toward a hotter future unless governments make more ambitious pledges to cut greenhouse gas emissions, the head of the United Nations said on Friday, September 17, 2021.
Saskatchewan and Ottawa have disagreed for some years over the Liberal government's approach to reduce greenhouse gas emissions and fight climate change.
The co-chair of an expert panel designed to advise Canada on how to reach net-zero emissions says it is exploring the idea of creating budgets for greenhouse gas emissions.
“Is this an ideological reason, that people didn’t want to vote on the Greens (amendment) but are ready to vote on the government’s? I’m wondering,” said Bloc Québécois MP Monique Pauzé.