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How these oil and gas players are undermining climate action in Canada

Corporate Knights

Earlier this month, Environmental Defence launched its “Canada’s climate villains” campaign , using graphic-novelesque illustrations and monikers like “Toxic Traitor” and “Ruthless Greenwasher. Last year, it committed to cut emissions by 40 to 45% below 2005 levels by 2030.

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COP26 left the world with a climate to-do list: Here are 5 things to watch for in 2022

Renewable Energy World

Indian Prime Minister Narendra Modi’s announcement in the first days (much to the surprise of Indian observers) that India would reach net zero emissions by 2070 and generate 50% of its energy from renewables by 2030 helped lower that trajectory to 2.4°C. Finance pledges and cries of ‘greenwashing’.

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An Increasing Sense of Urgency

Chris Hall

Climate Action Tracker described the amended goal a “significant step forward from the previous 26% reduction target” but said a 60% reduction was needed to put Japan on a 1.5°C Adequate disclosure is critical if the ESG funds are to avoid “being ridiculed as “greenwashing”, it said.

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Canada is falling behind in global race to attract sustainable investments: Guilbeault

Corporate Knights

At a forum on sustainable finance in Ottawa this week, a parade of speakers, including Environment Minister Steven Guilbeault, warned that Canada is falling behind global competitors in the race to attract the investment needed to fuel the transition to a net-zero economy. Canada is playing catch-up,” he acknowledged. “We