As the global climate summit COP26 drags out to its miserable end this week in Glasgow, Scotland, the major capitalist powers and the banks and corporations that call the shots in national and world politics have largely failed in their efforts to use the summit to provide a semblance of “progress” in resolving the global climate emergency.
OTTAWA—Canada’s pledge to stop financing fossil fuel projects abroad doesn’t go far enough because it could still allow the government to support oil and gas production in other countries, environmentalists say.
On the eve of the most significant climate meeting since the Paris Agreement was signed, G20 leaders will be gathering in Rome this weekend, where Prime Minister Justin Trudeau will arrive with a new record in hand: Canada has given more from the public coffers to the oil and gas industry than any of its peers.
This is the second story in a series analyzing the federal emissions data from Canada's 100 heaviest emitters. The first story looks at the provinces and includes a map of where these facilities are.
In a groundbreaking move, Quebec Premier François Legault announced the province will “definitively renounce the extraction of hydrocarbons on its territory” during a speech outlining his government's priorities in the National Assembly on Tuesday.
Two reports released Wednesday reveal Canada is lagging far behind its climate goals, with both studies making clear the only option left is reducing the production of fossil fuels.
"Blue hydrogen has large climatic consequences. We see no way that blue hydrogen can be considered 'green,'" says the report.
While celebrated as a climate victory by the Biden administration, the large infrastructure bill passed in the U.S. Senate this week includes billions of dollars of funding toward "blue hydrogen," which new research published Thursday finds is more polluting than coal.