Sunday, 19 January 2025

Focus on Emissions Markets

Canadian federal climate policies and investments look increasingly fragile. Could ‘carbon contracts for difference’ help ensure the survival of long-term climate action in Canada? (Shutterstock)
AnalysisCarbon ManagementClimateContracts for DifferenceEmissions MarketsIndustryOpinionPoliticsRegulations

‘Carbon contracts for difference’ are not a silver bullet for climate action

Canadian climate policies appear fragile — could carbon contracts for difference secure long-term climate action and investments?

A Manila coal plant could be a model for how developing countries can quit polluting fossil fuel (AFP)
AnalysisBusinessClimateCoalEmissionsEmissions MarketsEnvironmentIndigenousLegislationRegulations

Can carbon credits help close coal plants?

A Philippine coal plant could close early by converting to renewables, funded through carbon credits to cut emissions.

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.

TC Energy Corp. has completed its spinoff of South Bow Corp., its crude oil pipelines business, as an independent company. TC Energy Corp. headquarters is shown in Calgary on Tuesday, July 30, 2024. THE CANADIAN PRESS/Todd Korol
BusinessFinanceHydropowerNatural GasNewsOilStorageTransmissionVoluntary Carbon Markets (VCMs)

TC Energy launches South Bow Corp. as independent crude oil pipeline business

TC Energy Corp. has completed its spinoff of South Bow Corp., its crude oil pipelines business, as an independent company.

The Unilever building is seen in London, Britain March 13, 2018. REUTERS/Peter Nicholls/File Photo
BusinessCarbon ManagementEconomyEmissionsEmissions MarketsLegislationNewsRegulationsResiliencyTrade

Unilever strikes climate deals with Walmart and others to meet sustainability goals

Unilever strikes sustainability deals with top retailers like Walmart, aiming to cut emissions and minimize waste.

Jonathan Wilkinson, Minister of Energy and Natural Resources, right, delivers remarks alongside Steven Guilbeault, Minister of Environment and Climate Change, in the foyer of the House of Commons on Parliament Hill in Ottawa, on Tuesday, Sept. 24, 2024. THE CANADIAN PRESS/Spencer Colby
Carbon ManagementEconomyEmissions MarketsNewsPoliticsRegulations

Environment, energy ministers offer Jagmeet Singh a briefing on carbon pricing

Liberal ministers invite NDP leader Singh to a briefing on carbon pricing, countering Conservative disinformation claims.

BusinessCarbon ManagementCoalEconomyEmissionsEmissions MarketsEnvironmentFinanceNewsPoliticsRegulations

New York State fund swapped coal assets for responsible index ETF

New York's State Insurance Fund reduced its carbon exposure by 40% by shifting coal assets into a responsible-investment ETF.

A person leaves a civic election polling station in Vancouver, on Saturday, October 15, 2022. British Columbia's New Democrats and Conservatives issued their plans for the mining industry while campaigning in the province's resource-rich communities. THE CANADIAN PRESS/Darryl Dyck
BusinessClimateElectionsEmissionsEmissions MarketsMiningNewsPolitics

B.C. party leaders talk mining promises on campaign trail

British Columbia’s New Democrats and Conservatives issued their plans for the mining industry while campaigning in the province’s resource-rich communities. Both NDP Leader...

FILE PHOTO: EU flags flutter in front of European Central Bank (ECB) headquarters in Frankfurt, Germany July 18, 2024. REUTERS/Jana Rodenbusch/File Photo
BusinessCarbon ManagementClimateEmissionsEmissions MarketsNewsPoliticsRegulations

ECB starts issuing fine notices to banks not meeting climate expectations

The ECB has started fining banks not meeting climate risk rules, warning penalties will grow if remedial deadlines lapse.

FILE PHOTO: A view shows the logo of Amazon at the Amazon Fulfillment Center in Tepotzotlan, Mexico, December 13, 2023. REUTERS/Gustavo Graf/File Photo
BusinessClimateEmissions MarketsEnvironmentFinanceNews

Firms including Amazon to buy $180 million in carbon credits from namesake rainforest

By Jake Spring SAO PAULO (Reuters) -Amazon and other companies have agreed to buy carbon offset credits that will support the conservation of...

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