Friday, 21 February 2025
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Ian Bickis

A Canadian flag gracefully blowing in the wind against a clear blue sky, showcasing its red maple leaf and white background.
BusinessClimate FinanceElectionsEmissionsEnvironmentNewsUnited Nations

Four of Canada’s biggest banks leave climate alliance

The Net-Zero Banking Alliance aims to accelerate climate action among financial institutions.

Piping is seen on the top of a receiving platform which will be connected to the Coastal GasLink natural gas pipeline terminus at the LNG Canada export terminal under construction, in Kitimat, B.C., Wednesday, Sept. 28, 2022. THE CANADIAN PRESS/Darryl Dyck
EconomyNatural GasNewsReports

Canada’s public pension holdings in natural gas companies a risk: report

Report raises alarms over public pension investments in natural gas, warning they risk becoming stranded assets amid the energy transition.

Canada Climate Change Ambassador Catherine Stewart speaks during a plenary session at the COP29 U.N. Climate Summit, Wednesday, Nov. 20, 2024, in Baku, Azerbaijan.
Climate FinanceNewsOffshore WindSolarUnited NationsWind

How public funds are being used to lure private dollars in race for climate financing

Blended finance could help bridge the climate funding gap by attracting private sector investment.

The Parliamentary Budget Officer estimates the Trans Mountain pipeline is worth less than it cost to build in an updated assessment of the controversial project. In this photograph taken with a drone, the Trans Mountain Burnaby Terminal tank farm is seen in Burnaby, B.C., on Thursday, April 4, 2024. THE CANADIAN PRESS/Darryl Dyck
BusinessFuelNewsOilTransmission

Ottawa faces potential loss if Trans Mountain pipeline sold, say advisors

The pipeline could be worth between $29.6 billion and $33.4 billion.

BusinessClimate FinanceEmissionsFinanceNatural GasNewsOilPoliticsRegulations

Canada moves ahead with sustainable investing guidelines, but details still scarce

Canada's government is rolling out green taxonomies, meant to attract more investment for emissions-reducing projects.

The Bay Street financial district is shown in Toronto on Friday, August 5, 2022. THE CANADIAN PRESS/Nathan Denette
BusinessCarbon ManagementEconomyEmissionsEmissions MarketsFinanceLegislationNewsRegulationsReports

More emissions accountability needed in Toronto’s financial sector: report

Toronto's financial sector vastly under-reports its emissions, a new study finds, urging the city to encourage stronger reductions.

Power transmission lines are seen with the Rocky Mountains in the background near Pincher Creek, Alta., Thursday, June 6, 2024. THE CANADIAN PRESS/Jeff McIntosh
AnalysisClimateEmissionsNatural GasOilSolarTrade

Canada’s missing navigation tool in the push to lower emissions

Canada is making slow progress with its sustainability standards.

Greenpeace activists, some dressed in business suits and wearing smoke stack hats, 'greenwash' BP's Calgary headquarters with large letters spelling out 'TAR SANDS' in Calgary, Thursday, April 15, 2010. THE CANADIAN PRESS/Jeff McIntosh
AnalysisBusinessCarbon ManagementEmissionsLegislationNatural GasOilPolitics

Canadian oil and gas industry making risky play over greenwashing law: experts

Experts in communications and greenwashing say Canada's oil and gas industry is making a risky play in so fully scrubbing environmental claims from...

A red light on Bay Street in Canada's financial district is shown in Toronto on Wednesday, March 18, 2020. The CEOs of Canada's five biggest banks are set to testify before a parliamentary committee later today about the impacts of the financial sector on climate and the environment. THE CANADIAN PRESS/Nathan Denette
BusinessClimateCourtsEnvironmentFinanceNewsPolitics

Bank CEOs to testify at parliamentary committee on climate impacts of finance

The chief executives of Royal Bank of Canada, TD Bank Group, BMO Financial Group, Scotiabank and CIBC are all scheduled to appear by...

dian banks provided almost US$104 billion in fossil fuel funding last year despite the urgent need to reduce emissions, says the latest annual Banking on Climate Chaos report. Bank towers are shown from Bay Street in Toronto's financial district, on Wednesday, June 16, 2010. THE CANADIAN PRESS/Adrien Vecz
AnalysisBusinessClimateEmissionsFinanceLiquefied Natural GasNatural GasNewsOilTransmission

Canadian banks directed over US$100 billion to oil and gas last year: report

Canadian banks provided almost US$104 billion in fossil fuel funding last year despite the urgent need to reduce emissions, says the latest annual...

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