In a statement that delighted campaigners opposed to fossil fuels, the Bank used a conference in Paris to announce that it “will no longer finance upstream oil and gas” after 2019.
The Bank ceased lending for coal-fired power stations in 2010 but has been under pressure from lobby groups also to halt the $1bn (£750m) a year it has been lending for oil and gas in developing countries.
To the surprise of many, British Columbia NDP Premier John Horgan could emerge as the saviour of Western Canada’s troubled liquefied natural gas (LNG) industry.
Atlantic provinces already meeting their emissions reduction goals won’t get a break in the upcoming the carbon tax plan.
Catherine McKenna drove that message home when she outlined the next steps for Canadian carbon pricing on The House.
California’s last nuclear power plant — Diablo Canyon, whose contentious birth helped shape the modern environmental movement — will close in 2025, state utility regulators decided Thursday.utm_content=buffer841c5&utm_medium=social&utm_source=facebook.com&utm_campaign=buffer
The federal government has unveiled its proposed carbon pricing legislation, spelling out how it plans to regulate and enforce a price on greenhouse gases.
The Liberal government will soon introduce carbon pricing legislation that gives breaks to the large industrial emitters to limit the impact of the tax on their competitiveness, Environment Minister Catherine McKenna and Finance Minister Bill Morneau announced Monday.
www.cbc.ca/news/world/michael-wolff-book-donald-trump-steve-bannon-1.4480757 Ottawa has unveiled its plan for a national clean fuel standard targeting all use of fuels, not just within transportation, that aims to close 10 percent of the gap the country faces between its projected emissions by 2030 and its international climate pledges.
Ottawa has unveiled its plan for a national clean fuel standard targeting all use of fuels, not just within transportation, that aims to close 10 percent of the gap the country faces between its projected emissions by 2030 and its international climate pledges.
Minimum wage hikes across Canada this year could cost about 60,000 jobs by 2019, despite the benefits they would bring, the Bank of Canada says in a new report.