gas

Fate of giant carbon capture project still uncertain, but Pathways Alliance hopeful for deal with feds

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Despite growing frustrations and prolonged negotiations with the federal government, a consortium of Canada’s largest oilsands companies is optimistic about having a “line of sight” in securing the certainty it needs from Ottawa to advance its proposed $16.5-billion carbon capture pipeline project. The Pathways Alliance is not expecting any new commitments in the upcoming federal … Read more

No water, no oil: How the parched western provinces could hamper the oilpatch

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Persistent and severe drought conditions across Western Canada could have a devastating effect on the oil and natural gas sector, which has drilling operations in some of the driest areas, according to a new report by Deloitte. Limited water supply could have significant effects on the production of oil and gas, the report warns, and … Read more

‘We are losing the Amazon rainforest’: Record number of wildfires in parts of Brazil

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Fire is sucking the life out of parts of the Amazon rainforest. In Roraima State, in northern Brazil, the number of fires in February were more than five times the average, according to data from Brazil’s National Institute for Space Research, and blazes continued to burn through March. “We are losing the Amazon rainforest. These … Read more

Poilievre calls on Trudeau to meet with premiers opposing federal carbon price

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Prime Minister Justin Trudeau should convene an emergency meeting with the country’s premiers to discuss the federal carbon price, Conservative Pierre Poilievre wrote in a letter Tuesday. Poilievre circulated the letter following the $15-per-tonne increase to the consumer carbon price that kicked in on Monday. The scheduled increase added about 3.3 cents to the carbon … Read more

Some consumers, businesses are feeling more optimistic about the economy, say BoC surveys

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The Bank of Canada says business and consumer sentiment improved during the first quarter of the year, despite higher interest rates still putting a drag on the economy. The central bank on Monday released its business outlook and consumer expectations surveys, which showed increased optimism as people expect interest rate cuts are nearing. Although firms … Read more

Canada is still backing the fossil fuel industry with billions, report finds

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A new report says the federal government is providing billions of dollars in financial support for the fossil fuel industry, despite measures announced last year to limit certain types of subsidies for the oil and gas industry. The analysis, released today by the advocacy group Environmental Defence, estimated that Ottawa offered up at least $18.6 … Read more

Nissan reveals plans for 16 new electric vehicles by 2026

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Nissan laid out plans for 30 new vehicles by 2026 — 16 of which will be electric as demand for the battery-powered vehicles has revved up in recent months. The Japanese automaker announced Monday that seven all-new models will be reserved for the US and Canada alone, though it wasn’t immediately clear how many of … Read more

Why we must de-risk and embrace regenerative farming

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Over the past few years, the EU has been at the forefront of the fight against climate change and pushing for sustainability across all its policies. As president of the European Commission, Ursula von der Leyen set the tone by presenting in her political guidelines for 2019-2024 the main pillar of the EU’s work during … Read more

U.S. eases vehicle emissions rules, but overall reduction targets remain unchanged

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The Biden administration on Wednesday slashed its target for U.S. electric vehicle adoption from 67 per cent by 2032 to as little as 35 per cent after industry and autoworker backlash in the political battleground state of Michigan. The Environmental Protection Agency (EPA) instead adopted a “technology neutral” regulatory scheme that allows automakers far more freedom … Read more