Focus on Economy
Canada increases loan guarantees for Trans Mountain pipeline to $19 billion
The Canadian government has guaranteed another $1 billion in commercial loans for the Trans Mountain pipeline expansion, taking the total government-backed loan facility...
Americans still prefer gas vehicles over hybrid or EVs: survey by KPMG
Americans still prefer to buy a standard gas vehicle over a hybrid or an electric vehicle even with the same price and features,...
World’s biggest companies snap up ‘likely junk’ carbon offsets: analysis
A new analysis by Corporate Accountability found that household names including Disney, Volkswagen, Air France and many more were among brands that heavily...
Democratic senators ask DOJ to investigate alleged U.S. oil exec collusion with OPEC
Earlier in May, the Federal Trade Commission gave the go-ahead to Exxon Mobil's $60 billion purchase of Pioneer Natural Resources, but barred former...
Rich nations met $100B climate finance goal two years late: OECD
In 2009, developed nations promised to raise $100B a year by 2020 to help low-income countries invest in clean energy and cope with...
Clean Prosperity: Nuclear energy could help Canada achieve net-zero, but problems need solving first
A report by Clean Prosperity recommends how Canada can solve the problems of high costs and policy uncertainty that can get in the...
Top-earning 0.1% in UK ’cause 12 times more transport emissions than average’
Tackling emissions from transport must be done in a fair way, British think tank IPPR argues, with the most well-off needing to do...
Canada’s parliamentary budget officer called out for error in carbon price analysis
Canada's parliamentary budget officer published a note last month admitting its economic analyses of the consumer carbon price done in both 2022 and...
Climate change to have long-term economic impact: San Francisco Fed paper
An increase in the number of hot days as climate change warms the globe would likely damage the U.S. economy over the long-term,...
Analysis: Monthly drop hints that China’s CO2 emissions may have peaked in 2023
Analysis: A 2023 peak in China’s CO2 emissions is possible if the buildout of clean energy sources is kept at the record levels...
