Focus on Economy
UN-backed bank group seeks to avoid departures with new climate guidelines
LONDON/NEW YORK – A United Nations-backed alliance of banks is proposing its members disclose more information on their commitments to tackle climate change...
EEX to work with local bourse on carbon trading in Turkey
European Energy Exchange confirms commitment to establishing emissions trading "to drive decarbonisation".
Labour, environment groups make plea for sustainable jobs bill to pass
OTTAWA — Environmental groups and labour organizations are pleading with the federal government to end a political stalemate over its forthcoming sustainable jobs...
Germany plans to enable underground storage of carbon dioxide at offshore sites
BERLIN (AP) — Germany plans to enable underground carbon storage at offshore sites, pushing ahead with a much-discussed technology in an acknowledgement that...
EU carbon border tax will do little to cut emissions, ADB study says
SINGAPORE – A European Union plan to impose tariffs on high-carbon imports could hurt developing countries in Asia but is unlikely to lead...
Sales tax on carbon price could raise billions in Canada: watchdog
Advocacy group says sales GST, HST revenue on top of carbon price could be used to help businesses reduce footprint.
UK set to miss near, long term emissions targets, DNV predicts
By Nina Chestney LONDON (Reuters) – Britain is set to miss its decarbonisation targets for 2030 and its goal of reducing greenhouse gas...
All oil and gas permits in B.C. waters are relinquished, say feds
VICTORIA — The federal government says the final offshore oil and gas permits for Canada’s west coast region have been relinquished. Energy and...
Energy transition stocks get lots of love from investors, TSX Venture list shows
CALGARY — Canadian-based mining companies that are betting on the global energy transition saw a surge of investor interest in 2023, according to...
