iPolitics AM: Trudeau hits virtual hustings in Scarborough, Ont ipolitics.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ipolitics.ca Daily Mail and Mail on Sunday newspapers.
Canada’s 2050 Net-Zero Climate Goal Means Big Spending and Risks, Say Industry, Analysts
Banks’ lending to oil and gas sector under scrutiny due to climate change risks
News Analysis
As oil and gas investment faces growing scrutiny worldwide, Canada is seen as being particularly vulnerable in its transition to a lower carbon footprint. Nevertheless, its industry says it still has a vital role to play as investments appear likely to start shifting away from new fossil fuel projects in favour of research and innovation targeted at cutting emissions.
“CAPP encourages any groups who are redefining their investment portfolios to consider that investment in Canadian energy is a sustainable choice,” said Tim McMillan, president and CEO of Canadian Association of Petroleum Producers (CAPP) in an email to The Epoch Times.
Canadian oilpatch confident IEA will alter dire warning on oil and gas once emissions tech gains ground financialpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialpost.com Daily Mail and Mail on Sunday newspapers.
Bob Weber
In this Thursday, April 29, 2021, file photo, giant bucket-wheel excavators extract coal at the controversial Garzweiler surface coal mine near Jackerath, West Germany. Canadian environmentalists are welcoming a report from the International Energy Agency that says new fossil fuel investment must end if the world is to meet its climate goals. THE CANADIAN PRESS/AP -Martin Meissner May 18, 2021 - 1:53 PM
Environmentalists say a report from the International Energy Agency that concludes investment in new fossil fuel sources must end if the world is to meet its climate goals has a strong message for Canada, but industry and government say the goal is too ambitious.
Canadian environmentalists happy with International Energy Agency report energeticcity.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from energeticcity.ca Daily Mail and Mail on Sunday newspapers.