Canada’s largest banks are deeply entrenched in fossil fuels, having pumped at least $1.2 trillion into the sector since the Paris Agreement was signed in late 2015. But it’s not just their investments and lending that are increasingly under scrutiny –– it’s their leadership, too.
HOUSTON (Reuters) - Crude oil tanker Dubai Angel on Monday moored at the Westridge Marine Terminal in Vancouver, preparing to load the first cargo of crude oil from the recently expanded Trans Mountain pipeline (TMX), ship tracking data showed.
Chartered by Canadian oil producer Suncor Energy, the Marshall Islands-flagged vessel was expected to load about 550,000 barrels of Access Western Blend (AWB) for delivery to China, ship tracking data on Kpler showed.
As atmospheric carbon dioxide levels surge at unprecedented rates, a study suggests some countries may ramp up fossil fuel production by 2050, banking on unproven carbon removal plans and risking net-zero failure.
'Sad What We Are Doing': Global CO2 Increase Sets New All-Time Record
"I'd make this the lead story in every paper and newscast on the planet," said Bill McKibben. "If we don't understand the depth of the climate crisis, we will not act in time."
The average monthly concentration of carbon dioxide in the atmosphere jumped by a record 4.7 parts per million between March 2023 and March 2024, according to new data from NOAA's Mauna Loa Observatory in Hawaii.
Today Trans Mountain commenced operations on its new expanded oil pipeline system (TMX). It is a solemn day for us at West Coast Environmental Law, as we have been part of the massive social movement opposing this megaproject for more than 10 years, fighting for climate action, land and water protection, and Indigenous self-determination.
What to know about the pivotal UN plastics negotiations
As both plastics pollution and concerns over its impacts on the environment and the human body grow, world governments, environmental groups and the plastics industry are meeting in Ottawa, Canada, over the next two weeks in an effort to reach an agreement on reducing waste.