Wednesday, 5 February 2025

Focus on Carbon Management

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.

FILE PHOTO: President and CEO of Cenovus Energy Alex Pourbaix speaks at the TD Securities Calgary Energy Conference in Calgary, Alberta, Canada, July 9, 2019.  REUTERS/Todd Korol/File Photo
BusinessCarbon ManagementEmissionsNatural GasNewsOilRegulations

US-based Cenovus refinery to pay penalty for violating emissions rules

Cenovus Energy’s Ohio refinery to pay $19M and invest $150M after violating U.S. emissions rules, per authorities.

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.

FILE PHOTO: A view of a signage with the logos of Northern Lights carbon dioxide project and other corporates, outside the facility in Oygarden, Norway October 18, 2022. REUTERS/Nora Buli/File Photo
BusinessCarbon ManagementElectricityFuelNews

Shell, Equinor, TotalEnergies open Norwegian CO2 storage facility

OSLO – Shell, Equinor and TotalEnergies said on Thursday their carbon dioxide (CO2) storage project on Norway’s west coast is now completed and...

Aerial drone view of smoke coming out of a factory chimney.
Carbon ManagementEmissionsNews

World’s first commercial CO2 storage soon ready in Norway

Norway makes progress towards opening a massive undersea vault for commercially transporting and storing carbon dioxide.

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.

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.

rbonRun chief technology officer Eddie Halfyard is shown inside the Nova Scotia Salmon Association's river restoration project in the West River in Sheet Harbour, N.S., in a handout photo. A Nova Scotia company says it will receive $25.4 million for projects that reduce greenhouse gas emissions through a technology that adds crushed limestone to river water. THE CANADIAN PRESS/HO-CarbonRun **MANDATORY CREDIT**
BusinessCarbon ManagementEmissionsNews

Nova Scotia firm CarbonRun lands US$25 million to capture carbon

CarbonRun expects US$25.4M for river-liming projects in Canada and Scandinavia to reduce CO2 and improve salmon habitats.

British Airways has invested £9 million in carbon capture projects (Steve Parsons/PA)
AviationBusinessCarbon ManagementEmissionsEmissions MarketsEnvironmentNews

British Airways signs deal to buy more than £9m of carbon removal credits

British Airways invests £9M in carbon removal credits to reach 2030 decarbonisation goals and support net-zero by 2050.

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