oil and gas

The policy is a critical piece of Canada's long-term emissions reduction plan but today's framework will show the sector won't be asked to cut emissions as deeply as previously thought.

At least 1,300 employees of organizations representing fossil fuel interests registered to attend this year's United Nations climate talks in Dubai, more than three times the number found in an Associated Press analysis of last year's talks, as new rules took effect requiring attendees to disclose their employment.

A prominent developing-world leader on the issue of climate change said Monday that global taxes on the financial services, oil and gas, and shipping industries could drum up hundreds of billions of dollars for poorer countries to adapt and cope with global warming.

The Emirati president-designate for the upcoming United Nations COP28 climate talks forcefully denied on Wednesday a report alleging his nation planned to use the summit to strike oil and gas deals, a day before the summit was due to begin.