Sunday, 24 August 2025

Focus on Climate

A report from a tribunal appointed by the Saskatchewan Party government says a proposed federal emissions cap and methane regulations would cause severe economic damage. Sakatchewan Justice Minister Bronwyn Eyre, speaks during a ceremony in Whitecap Dakota Nation, Saskatchewan on July 15. THE CANADIAN PRESS/Liam Richards
EconomyEmissionsNatural GasNewsOilRegulationsReports

Ottawa’s proposed oil and gas cap could lead to revenue losses of $43 billion, slash 34,000 jobs: report

The report says a proposed federal emissions cap and methane regulations would cause severe economic damage.

Steven Guilbeault, Minister of Environment and Climate Change, delivers remarks in the foyer of the House of Commons on Parliament Hill in Ottawa, on Tuesday, Sept. 24, 2024. THE CANADIAN PRESS/Spencer Colby
EnvironmentNatural GasNewsOilPoliticsRegulations

Canada’s environment minister Guilbeault calls out Poilievre over 2023 fundraiser with oil and gas execs

Minister Guilbeault criticizes Poilievre for fundraising with oil executives, claiming it aids his wealthy allies against carbon pricing.

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: The Mazar Dam and the flow of the Paute River are pictured on the day the Ecuador military enters to assume operations, in San Pablo, Ecuador September 17, 2024. REUTERS/Karen Toro/File Photo
ClimateElectricityEnvironmentHydropowerInfrastructureNewsResiliency

Three hydroelectric dams in Ecuador offline until water levels recover

Three hydroelectric dams in Ecuador have ceased operating due to low water levels amid the country's worst drought in over 60 years.

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...

AnalysisBiodiversityCarbon ManagementEmissionsEnvironment

Antarctic krill store as much carbon as the world’s mangroves, salt marshes and seagrass beds

Krill store 20 million tonnes of carbon in the deep ocean each year, making them crucial for carbon sequestration and ecosystems.

Shetland has seen a rapid expansion of wind energy over the past decade (PA)
ClimateElectricityEnvironmentNewsWind

Commission to set out how renewables can benefit communities across Scotland

Scotland’s Just Transition Commission will today set out key lessons from Shetland’s experience of the energy transition which it believes can help shape...

FILE PHOTO: A drone view shows power-generating windmill turbines at a wind park in La Regrippiere, near Nantes, France, April 17, 2024. REUTERS/Stephane Mahe/File Photo
AnalysisClimateElectricityEnvironmentReportsSolarWind

Record renewables growth fuels cost competitiveness: IRENA report

Over 75% of 2023's new renewable energy was cheaper than fossil fuels, highlighting its growing global competitiveness.

Aerial view of an area of Amazon rainforest deforested by illegal fire in the municipality of Labrea, Amazonas State, Brazil, taken on August 20, 2024 (AFP)
BiodiversityClimateEmissionsEnvironmentNewsResiliency

Amazon forest loses area the size of Germany and France, fueling fires

The Amazon has lost 12.5% of its plant cover, fueling droughts and wildfires, releasing vast carbon emissions globally.

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