fossil fuels

Evan Siddall says AIMCo wants to be a leader in financing the transition to a low-carbon economy, but it won't do that by divesting from fossil fuels as some global pension funds have done.

Germany remains committed to phasing out coal as a source of power by 2030 even as it reactivates coal-fired power plants, the country's climate envoy said on Monday, September 19, 2022. Germany says it took the step to get through the coming winter amid energy shortages as a result of Russia’s war in Ukraine.

Long championed by climate activists, the green bank would provide funding to expand clean energy use across the United States.

Shell CEO Ben van Beurden is stepping down at the end of 2022 after nine years in charge, the energy giant said on Thursday, September 15, 2022, a change that comes as oil and natural gas companies are under pressure to shift away from fossil fuels even as they see soaring profits from energy price s driven up by Russia's war in Ukraine.

Samsung Electronics is shifting away from fossil fuels and aiming to entirely power its global operations with clean electricity by 2050, a challenging goal that experts say could be hampered by South Korea’s modest climate change commitments.

The research adds utility companies and their affiliated groups to the growing list of actors that spent years misleading the public about the threat of climate change.

Haarlem, which lies to the west of Amsterdam and has a population of about 160,000, will enact the prohibition from 2024 after meat was added to a list of products deemed to contribute to the climate crisis.

Oil and gas companies are not spending profits to reduce emissions or switching to clean energy like solar. They should.

Researchers say their prototype produces hydrogen with greater than 99 per cent purity and works in air as dry as four per cent relative humidity.

Russia sent significantly more oil and coal to India and China over the summer compared with the start of the year, while European countries that long relied on Russian energy have cut back sharply in response to the war in Ukraine, said a report published on Tuesday, September 6, 2022.

Canada has joined a global coalition of countries pushing for a proposed international treaty to tackle the world's plastic pollution crisis. Led by Norway and Rwanda, the group of 20 countries will push for rules to reduce plastic production and eliminate plastic pollution by 2040. 

Prime Minister Justin Trudeau and the German chancellor are visiting the western Newfoundland town of Stephenville later today, August 23, 2022, where they're set to sign a green energy deal.

While the U.S. Inflation Reduction Act has the potential to impact Canada’s economy in many ways, three key opportunities stand out: automobiles, batteries and construction materials. 

An energy pact between Canada and Germany expected to be signed next week in Newfoundland and Labrador will set aggressive timelines and targets for exporting hydrogen to Germany, Natural Resources Minister Jonathan Wilkinson said on Friday, August 19, 2022.

The conservation charity founded by Prince William, second in line to the British throne and who launched the Earthshot Prize, keeps its investments in a bank that is one of the world’s biggest backers of fossil fuels, The Associated Press has learned.