Canadians stand to lose over $100 billion in the energy transition as investors around the world continue to pour money into fossil fuel assets that will eventually become worthless, a bombshell international study finds.
With the Trudeau government continuing to tout liquefied natural gas (LNG) exports to help Europe free itself from dependence on Russian supplies, a new report says the continent is poised to boost renewable energy and reduce fossil fuels to just 18% of its electricity production by 2030, with the biggest importers of Russian oil and gas leading the way.
The B.C. Prosecution Service plans to prosecute 15 protesters for criminal contempt for allegedly defying an injunction protecting construction of a controversial pipeline in northern British Columbia.
A Crown lawyer told B.C. Supreme Court Justice Marguerite Church on Wednesday that prosecutors need four more weeks to decide whether to charge 10 other protesters with criminal contempt in relation to blockades and actions last fall opposing Coastal GasLink's natural gas pipeline.
140bn metric tons of planet-heating gases could be unleashed if fossil fuel extraction plans get green light, analysis shows
The fate of the vast quantities of oil and gas lodged under the shale, mud and sandstone of American drilling fields will in large part determine whether the world retains a liveable climate. And the US, the world’s largest extractor of oil, is poised to unleash these fossil fuels in spectacular volumes.
Almost all debate about taxes and climate change has focused on carbon pricing, eclipsing an uncomfortable truth: Canada’s tax system is undermining our ability to move quickly on the transition to clean energy.
"The Middle East and Russia often attract the most attention in relation to future oil and gas production but the US, Canada and Australia are among the countries with the biggest expansion plans and the highest number of carbon bombs. The US, Canada and Australia also give some of the world’s biggest subsidies for fossil fuels per capita."
From difficult terrain to pipeline politics, Canada is so close to becoming a global liquefied natural gas player, but faces obstacles
From Darrin Marshall’s viewpoint, a mountain stands in the way of Woodfibre LNG’s goal of shipping liquefied natural gas overseas from Canada’s West Coast.
As FortisBC’s project director for a new pipeline that would feed Woodfibre LNG’s proposed export terminal, he has devised plans to bore through the mountain near Squamish, B.C., about 65 kilometres north of Vancouver.
Canada is ignoring the condemnations of a United Nations human rights committee urging a halt to construction of the Trans Mountain and Coastal GasLink pipelines.
