Canada’s biofuel industry is welcoming a proposed multi-billion dollar package of financial support from the federal government, although concerns remain about whether it will be enough to compete with lucrative subsidies south of the border and reverse the growing dependence on U.S. imports to meet clean fuel regulations. The federal government is committing $1.27 billion toward … Read more
With the COP28 climate summit now in the rearview mirror, some researchers say the moment is here when coal consumption in power plants around the world will finally peak before beginning a perpetual fall. For more than a century, coal has been used to produce electricity, and to this day remains the workhorse of the global power … Read more
After negotiators worked through the night, a new deal has been reached at COP28 which could signal the world’s desire to move away from fossil fuels over the next few decades in an effort to address climate change. Representatives from nearly 200 countries gathered in a public meeting in Dubai to support the new deal, one day … Read more
