'The goal posts are moving': After Big Oil's terrible week, Canadian oil companies brace for investor pressure
Investors are developing an activist streak on matters of emissions reduction. The trend has been growing in Europe for years and has led to some pitched battles in the United States.
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New report explains how LNG expansion will not only hamper Canada’s progress toward its climate goals but also create challenges for the economy in the long term.
Canada's greenhouse gas emissions climbed in 2022, after pandemic slowdown
Canada's greenhouse gas emissions rose in 2022, as the economy rebounded from the pandemic slowdown, according to new figures released by the federal government. The new National Inventory Report data shows emissions reached 708 megatonnes in that year, compared with 698 megatonnes in 2021. But Environment Minister Steven Guilbeault said the 2022 numbers are a sign his government's climate policies are working, with emissions totals the lowest in 25 years aside from the pandemic years.
Greenhouse-gas emissions falling, but oil-sands emissions continue to climb, federal report says
Federal climate policies have begun to make a dent in overall greenhouse-gas emissions, but oil-sands emissions continue to climb, raising questions about how the country can meet its overall targets as producers ramp up production to feed the Trans Mountain expansion system.