U.S. oil and gas companies extracted record amounts of planet-warming oil and gas in 2023 — a year that was the globe’s hottest in recorded history.
New reporting from The Guardian on Monday found that the U.S. government is planning for oil and gas production levels to stay at “near-record levels” until mid-century.
Earlier this month, the CEO of the Canada Pension Plan Investment Board (CPPIB) stood before the Calgary Chamber of Commerce and pledged our national retirement fund’s continued support for the Alberta oil and gas industry.
The UN climate summit—hosted this year by the United Arab Emirates, a major oil producer—begins Thursday in Dubai. It will review the progress on countries’ 2015 Paris Agreement commitments toward limiting rising global temperature to 2 C, preferably 1.5 C, above pre-industrial levels. It will also define what new commitments countries can agree on to avoid planetary catastrophe.
“This (IEA) report is a stunning rebuke to all the Canadian oil executives and politicians claiming that they can simply slap on some government-funded carbon capture and continue with business as usual in a world rapidly weaning itself off of oil and gas," said Keith Stewart, senior energy strategist for Greenpeace Canada, in an email Thursday.
PRINCE RUPERT, British Columbia, Nov. 17, 2023 (GLOBE NEWSWIRE) -- Mayor Garry Reece on behalf of the Lax Kw’alaams First Nation wishes to make a public statement regarding the Ksi Lisims LNG project (the “Project”), a proposed initiative on Pearse Island within Lax Kw’alaams’ traditional territory.
Mayor Garry Reece wishes to emphasize that the neither the Lax Kw’alaams Council nor the Nine Allied Tribes of Lax Kw’alaams have approved or consented to the Project, and therefore it cannot proceed on Lax Kw’alaams’ traditional territory.
Liberal government set to miss 2030 emissions targets, says environment commissioner audit
'We found that the measures most critical for reducing emissions had not been identified or prioritized'
The federal government is set to miss its 2030 target to cut carbon emissions by at least 40 per cent below 2005 levels by 2030, according to the latest audit from the commissioner of the environment's office.
Canada still has eight years to achieve our 2030 climate target. But rising emissions over the last two years look like they've already pushed it out of reach. That’s because we are now at a point where each wasted year makes the remaining task overwhelmingly larger.
Have we already run out the clock on climate hope in Canada? Take a look at these five charts and decide for yourself.
The rising cost of delay
My first chart shows the rapidly steepening path to Canada’s 2030 climate target.