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Ontario and Alberta are building natural gas plants despite lower costs of renewables

Corporate Knights

While the grid operators in Ontario and Alberta are both “investigating pathways to a net-zero power grid,” CEC points to a fatal flaw in their analysis — they rely too often on obsolete data that may go back as far as 2001, or draw from experience in other countries.

Net Zero 315
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The Climate Blockers: BASF quietly lobbies against strong climate policy while talking a big game

Corporate Knights

But in the blistering summer of 2018, there was nothing celebratory about the Rhine. The shrivelled Rhine of 2018 became a harbinger of the devastating impact that climate change will have on the backbone of the German economy. German industry, which uses the Rhine as a transportation lifeline, also suffered. It obliged.

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All Systems go for Net Zero

Chris Hall

C, and investee companies are not yet facing full scrutiny of their net zero transition strategies, posing challenges for institutional investors committed to decarbonising their portfolios in line with the Paris Agreement. Others might set a target for some or all portfolio companies to be net zero aligned by 2030.

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Their land, their call: When economic reconciliation and climate justice conflict

Corporate Knights

For the FNMPC, that equity should come as broadly as possible – including through the inclusion of Indigenous communities in the development of a greener grid that enables Canada to reach net-zero. The federal government purchased the pipeline from Kinder Morgan in 2018 at a cost of $4.4

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IPCC issues final warning about ‘rapidly closing window of opportunity’

Corporate Knights

“The choices and actions implemented in this decade will have impacts now and for thousands of years,” the UN agency states in its Sixth Assessment Report , a final synthesis that brings together six in-depth science and policy reports dating back to October, 2018. Overshooting 1.5°C

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At long last, Canada restricts oil and gas subsidies (except for all the loopholes)

Corporate Knights

The announcement also connects to an international initiative under which Canada and Argentina launched a peer review of each other’s fossil fuel subsidies in 2018. increase in 2021, the Canadian Climate Institute reported in February). That work was meant to conclude by 2020. Carbon Capture Backed by Carbon Offsets?

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Is the IMO Turning the Tide on Transition?

Chris Hall

With global trade highly dependent on shipping, achieving net zero may put wind in the sails of other industries’ climate ambitions. For the first time, the IMO has also agreed on an overarching objective to achieve net zero greenhouse gas (GHG) emissions by or around 2050. At the same time, it is not the end goal.