Trans Mountain pipeline ushers in new economic era for Fort McMurray
As the urban centre at the heart of Canada’s oilsands industry, Fort McMurray has seen more than its share of ups and downs. A decade and a half ago, the …
oil-company
Canada is still backing the fossil fuel industry with billions, report finds
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 …
Big Canadian banks may be making misleading claims on sustainability, says securities complaint
Canada’s big five banks are potentially misleading investors with their use of terms like sustainable finance, according to a complaint to securities regulators by a climate advocacy group. Banks are …
COP28 in overtime as countries feud over fate of oil and gas
Long hours and sleepless nights for negotiators in Dubai have yet to yield a final deal at COP28, instead highlighting deep divisions between countries over a potential phase-out of fossil …
We should have been here 10 years ago, says Big Oil at COP28
As the curtains are set to close on COP28, the oil and gas industry remains firmly in the crosshairs as nations deliberate whether an agreement can be reached to phase …
COP28 climate conference begins with controversy and early financial breakthrough
After facing renewed criticism for his deep ties to the oilpatch on the eve of hosting the world’s largest ever climate summit, the president of COP28 scored an early victory …
COP28 leader denies report UAE wanted to seek oil deals at summit
The Emirati president-designate for the upcoming United Nations COP28 climate talks forcefully denied Wednesday a report alleging his nation planned to use the summit to strike oil and gas deals. …
Canadian oil and gas execs to talk up emissions reduction plans at COP28
Executives and senior leaders from Canada’s oil and gas sector are heading to Dubai for the upcoming United Nations COP28 climate talks, eager to tell the world they are doing …
The fossil fuel phrases that countries will fight over at the upcoming COP28
Getting the world off greenhouse gas-spewing fossil fuels is a key part of global climate negotiations. But whether those fossil fuels are “unabated,” and where we need to phase them …
As climate risks increase, developing countries aren’t getting the help they need: UN
This summer, powerful rains flooded Haiti, forcing tens of thousands of people from their homes and killing more than 40 people. Crops were damaged, businesses shuttered and roads washed out, …