Two of Canada’s biggest fossil companies say they’ll by looking for about C$50 billion in taxpayer subsidies to bring their net greenhouse gas emissions to zero by 2050.
A new report finds Canadian governments have provided billions to support pipelines — none of which have been completed to date — even as experts worry pipelines themselves undermine progress on climate goals
Governments in Canada have provided at least $23 billion in support for pipeline projects in Canada since 2018, according to a new report from the International Institute for Sustainable Development.
Much of the taxpayer money that has funded oil well cleanup in Alberta may have simply replaced money that energy companies would have spent anyway, according to a new analysis.
That means the public is likely paying for private companies’ pollution, says the report from the Parkland Institute, a research group headquartered at the University of Alberta.
Canada is the only G7 nation whose greenhouse gas emissions have increased since the Paris Agreement. The main reason: its oil sands.
OTTAWA — Prime Minister Justin Trudeau of Canada will arrive for President Biden’s climate summit on Thursday with an outsize reputation for being a warrior in the global fight against climate change.
* "ESG investing is the consideration. of environmental, social and governance factors alongside financial factors in the investment decision–making process.”
FEBRUARY 25, 2021
Alberta will establish an office to promote the oil industry’s environmental, social and governance measures in the hope it can help stem the tide of divestment from the oil sands and the Canadian energy sector, as the province tries to climb out of the $18.2-billion deficit projected in its 2021 budget on Thursday.
The global operational capacity of carbon capture and storage (CCS) currently stands at 39 megatonnes (Mt) of CO2 per year, or roughly 0.1% of global annual emissions, with deployment slow and plagued by accidents. And despite its fervid marketing as a climate saviour, CCS today is primarily used merely to extract more fossil fuels.
Maybe, taking a lesson from what this article reveals about the U.S., we need to increase the rattling of the cage about Canadian provincial and regional rights to decide whether unsafe megaprojects are allowed to proceed or, at least, have more ability to regulate them (to death?). Gene MGuckin
Alberta's bitumen can be used to produce carbon fibre for electric vehicles, Little points out.
TORONTO (Reuters) ― The shift to electric vehicles and other low-carbon technologies could disrupt crude oil demand on a similar scale to the coronavirus pandemic, Suncor Energy Inc.’s chief executive said on Monday.
A years-long international investigation has found ‘scientifically valid evidence’ the massive pits that store toxic waste in the oilsands are leaking, leaving Albertans wondering who’s going to clean them up
There are more than a trillion litres of toxic oilsands waste stored in tailings ponds near Alberta’s Athabasca River — and they’re leaking.
