“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.
As winter sets in, many people in Canada are struggling with home heating affordability. Fuel oil is expensive — not because of the federal carbon levy, but because it’s an inefficient way to heat, and Big Oil is taking advantage of Russia’s invasion of Ukraine to increase prices and rake in record profits.
The US is warming faster than the global average and its people are suffering “far-reaching and worsening” consequences from the climate crisis, with worse to come, according to an authoritative report issued by the US government.
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.
Since the mid-1980s, the 25 largest oil and gas companies around the world have fought climate policies tooth and nail, making US$30 trillion in the process, according to a study published Thursday.
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.
Canada’s environment commissioner said it is not clear how the oil and gas sector will achieve the greenhouse gas emission reductions prescribed under the federal government’s climate plan, and called for more transparency around the modelling.
