Remove Carbon Offsets Remove Definition Remove Stranded Assets
article thumbnail

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

Corporate Knights

The new guidelines detail the process and definitions behind the oil and gas subsidy phaseout. The definition covers initiatives that support fossil fuel consumption or activities, and funding that disproportionately benefits the fossil fuel sector. Carbon Capture Backed by Carbon Offsets?

article thumbnail

All Systems go for Net Zero

Chris Hall

All this suggests 2024 will prove a difficult and perhaps pivotal year for asset owners looking to make headway on their net zero commitments. It could also accelerate the nascent shift toward a broader definition of stewardship, as well as a possible rethink around the obligations of fiduciary duty. C at best. Lee suggests not. “In