Tar Sands

04/09/22
Author: 
Gooderham Nathan

[Web page editor: Read this exposure of the Canadian government's duplicity on emissions.]

Aug 23 2022 - 

30/08/22
Author: 
Compiled by Mitchell Beer
jasonwoodhead23/flickr

Aug. 7, 2022

Canada’s biggest fossil companies are lining up to dismiss the federal government’s new emissions cap for their sector as “very aggressive” and “almost unrealistic”, even as Environment Minister Steven Guilbeault hastens to offer them flexibility and an extended deadline to hit the long-awaited target.

09/07/22
Author: 
Geoff Dembicki
Imperial Oil’s refinery in Nanticoke, Ontario. The Exxon subsidiary first examined carbon sequestration in the 1980s.

July 7, 2022

The touted tech is still scarce and pricey, and even oilsands allies counsel caution.

In late June, Alberta Premier Jason Kenney flew to Washington, D.C., with the heads of major oilsands producers to make the case that Canada’s most carbon polluting industry cares deeply about fixing climate change.

09/06/22
Author: 
John Woodside
Tailings ponds in northern Alberta. File photo by Andrew S. Wright

June 3, 2022

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.

12/05/22
Author: 
Darren Shore
When fossil fuel corporations don’t pay their taxes, our future generations will also pick up the tab — and at this rate, that bill will be gargantuan. Photo by Eelco Böhtlingk/Unsplash

May 12, 2022

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.

03/05/22
Author: 
Amanda Stephenson The Canadian Press
Cenovus CEO Alex Pourbaix in Calgary, Alta., Thursday, Jan. 30, 2020. The Canadian Press/Jeff McIntosh

Apr. 27, 2022

The investment tax credit unveiled by the federal government earlier this month isn't enough to convince Canada's major oilsands producers to begin construction on a proposed massive carbon capture and storage transportation line, the chief executive of Cenovus Energy Inc. said Wednesday.

26/04/22
Author: 
Emma Graney Energy Reporter

Apr. 26, 2022

Cutting emissions from Canada’s oil sands by 40 per cent will cost between $45-billion and $65-billion from 2024 through 2030, according to a new analysis.

While the new report from Royal Bank of Canada found that Canada’s oil and gas sector can indeed balance near-term energy security with advancing climate action, the sector will need regulatory certainty and support at all levels of government to do so.

06/04/22
Author: 
John Woodside
The financial sector receives little mention in Canada's new roadmap for climate action, but banks and other financial institutions must take steps to align with the country's emissions reduction goals, experts say. File photo by Alex Tétreault

Apr. 6, 2022

Canada’s recently published emissions reduction plan provides a roadmap for how Ottawa plans to hit its 2030 climate targets, but critics say until the financial sector is aligned with climate goals, the government's plans are “derelict.”

Climate advocacy group Environmental Defence’s climate finance manager Julie Segal says Canada appears excited about the benefits of sustainable finance but doesn’t appreciate the risks from continued fossil fuel investments.

20/03/22
Author: 
Jessica Green, Laura Tozer & Emily Eaton

As long as Canada continues to underwrite the oil and gas industry, it cannot make meaningful progress on the economic transformation needed to address climate change.

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