That's well before the completion of a massive carbon capture and storage transportation line that has been proposed for the Canadian oilsands, the company says.
At the banks' annual general meetings, shareholders voted down resolutions urging stronger climate action despite promises to reach net zero. Is it time for federal regulators to force the banks to fall in line?
Imperial Oil’s president and CEO described the failure to alert downstream communities to toxic oilsands tailings leaks as a “communication breakdown” during his testimony on Parliament Hill Thursday.
Canada’s progress on significantly cutting pollution by 2030 is being undermined by growing emissions from the country’s oil and gas industry, according to the federal government’s annual emissions report to the United Nations.
Despite promising to play their part addressing climate change, Canada’s Big 5 banks have invested over $1 trillion in coal, oil and gas companies since the Paris Agreement was signed.
Cybersecurity experts aren't surprised by the revelation contained within a package of leaked U.S. intelligence documents suggesting Russian-backed hackers successfully gained access to Canada's natural gas distribution network.
The federal government is cutting Newfoundland and Labrador out of its East Coast power grid megaproject, giving Quebec an edge over its East Coast competitor as both provinces' utilities seek to expand business beyond their borders.