Since the Paris Agreement was signed in late 2015, RBC, Scotiabank, TD, BMO and CIBC have pumped approximately $1.2 trillion into fossil fuel companies like Enbridge, TC Energy and Trans Mountain.
Days after Ottawa proposed weakening the Impact Assessment Act, NDP environment and climate change critic Laurel Collins is warning abandoning greenhouse gas emissions from federal reviews of major projects is a dereliction of responsibility.
Conservative Party of Canada Leader Pierre Poilievre continues to evade questions about whether he would axe the carbon pricing system for industrial emitters if he forms the next government.
The federal government provided at least $18.5 billion to the fossil fuel and petrochemical industries last year, according to a new report by Environmental Defence.
Burning coal remains one of the most significant drivers of climate change. Time is running out, both for humanity and the commitments of the federal government.
Canadian exports of the kind of coal used to make electricity hit an eight-year high in 2022, even as the Liberals have promised to work on banning exports completely by the end of the decade.
The federal government faced fierce external pressure to abandon or weaken its plan to cap oil and gas sector emissions from provincial governments and industry lobby groups in the lead-up to its announcement last week.
This week, average global temperatures are smashing records left and right, which “should fill everyone with anxiety,” says Green Party deputy leader Jonathan Pedneault.