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Ask an Expert: What s the Future of Oil in Canada?

Angela V. Carter Oil is economically volatile and unstable 1. This isn’t the first downturn Canada’s oil-producing provinces have experienced there have been a few since the 1980s 2. Major financial actors are choosing to move investments away from oil, and even some oil companies are moving away from investing in its exploration. And we know we have to ramp down production to avoid catastrophic climate change. Prime minister Justin Trudeau and his cabinet say that we can have an economy that is in great part dependent on expanding fossil fuel extraction and that we can also meet our international climate responsibilities. But those two things are irreconcilable

Swiss climate strategy to be decided at the ballot box

Swiss climate strategy to be decided at the ballot box The new law foresees, among other measures, a tax on airline tickets for flights taking off from Switzerland. © Keystone/ Valentin Flauraud On June 13, Swiss voters will have the last word on a key pillar of the country’s climate change strategy – the “CO2 law”, which has divided both business and activists. This content was published on April 17, 2021 - 10:00 April 17, 2021 - 10:00 Luigi Jorio A journalist from Ticino resident in Bern, I write on scientific and social issues with reports, articles, interviews and analysis. I am interested in environmental, climate change and energy issues, as well as migration, development aid and human rights in general. 

India faces a huge financing gap to tackle climate change and the SDGs

India faces a huge financing gap to tackle climate change and the SDGs India faces a huge financing gap to tackle climate change and the SDGs Solar panels in the Himalayan region of Ladakh, India © Allison Joyce/Getty Images 16 march 2021,  India’s GDP could fall by 90 per cent by 2100 if climate finance isn’t improved. As the country tackles Covid, it mustn’t lose sight of sustainability. India’s GDP could fall by 90 per cent by 2100 if current climate financing policies aren’t improved, according to an analysis by global forecasting firm Oxford Economics. The grim forecast relies on capturing the historical relationship between GDP and temperature. Another report by McKinsey estimates that between 2.5 and 4.5 percent of India’s annual GDP could be at risk by 2030 due to climate change. At the moment, sustainable finance is far from sufficient in the country and needs to be scaled up.

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