"The stakes are high: billions of dollars at issue, with Trans Mountain's (costs) having more than quintupled since 2017 — and its costs are still growing by billions, seemingly unchecked," the oil companies stated in a motion filed with the Canada Energy Regulator earlier this week.
The internationally agreed threshold to prevent the Earth from spiralling into a new superheated era will be “passed for all practical purposes” during 2024, the man known as the godfather of climate science has warned.
The federal government needs to think holistically about how we support fossil fuels through the tax system, direct government funding, and other financial aid.
COP28 has finally delivered a breakthrough commitment for a new Loss and Damage Fund to support the countries most impacted by climate change. But billions are needed if the fund is to serve its purpose and make a real difference.
With devastating impacts on communities, biodiversity and the global climate, the growing forest biomass industry could turn clean energy dreams into nightmarish destruction.
The policy is a critical piece of Canada's long-term emissions reduction plan but today's framework will show the sector won't be asked to cut emissions as deeply as previously thought.
Efforts at COP28 to insert weasel words like “unabated” are linked to false narratives about technologies like carbon capture, utilization and storage, allowing us to have our cake and eat it too.
At least 1,300 employees of organizations representing fossil fuel interests registered to attend this year's United Nations climate talks in Dubai, more than three times the number found in an Associated Press analysis of last year's talks, as new rules took effect requiring attendees to disclose their employment.
A prominent developing-world leader on the issue of climate change said Monday that global taxes on the financial services, oil and gas, and shipping industries could drum up hundreds of billions of dollars for poorer countries to adapt and cope with global warming.