Carbon News - Intelligence for the carbon market


The rise of voluntary carbon markets

Wednesday - The voluntary carbon markets (VCMs) are poised for explosive growth in 2022. At the conclusion of COP26 in Glasgow, 632 of the world's largest 2000 public companies by revenue had announced plans to achieve Net Zero greenhouse gas (GHG) emissions.

Canada's biggest climate polluters pay lowest carbon price

Monday - On its tar sands in northern Alberta, Suncor Energy scrapes vast open-pit mines and drills down deep into the ground to extract the viscous bitumen that has turned it into one of the largest energy companies in North America. The process is so energy-intensive that it has also made the firm into Canada’s largest carbon emitter: it belches roughly 28 million tonnes into the atmosphere every year, equivalent to the entire emissions of Tunisia.

Farmed seafood supply at risk if we don’t act on climate change

14 Dec 21 - The supply of farmed seafood such as salmon and mussels are projected to drop 16%globally by 2090 if no action is taken to mitigate climate change, according to a new Canadian study.

Canada’s tar sands challenge the existence of land and people

24 Nov 21 - The first mine opened when Jean L’Hommecourt was a young girl, an open pit where an oil company had begun digging in the sandy soil for a black, viscous form of crude called bitumen.

Canadian steelmakers embrace 'green steel' as carbon taxes set to rise

23 Nov 21 - The Canadian steel industry is at a crossroads, with government policies like carbon pricing designed to combat climate change hitting manufacturers' bottom lines and international pledges likely to seek further concessions from companies that burn

E-bike delivery experiment reduced CO2 emissions by 30%

20 Oct 21 - For three months last summer, residents in one Seattle neighborhood received their packages via electric cargo bike rather than a delivery van, as part of a pilot program testing new innovations to urban delivery.

Canada election: experts urge ‘bolder’ action amid climate crisis

13 Sep 21 - Nearly a fifth of Canadians say climate change is their top election issue. But experts question whether political parties are taking it seriously enough.

Insurance industry seeks to limit fossil fuel exposure

23 Aug 21 - With global climate change threatening to wreak havoc on their industry, insurance companies are increasingly looking to limit their exposure to the fossil fuel sector.

India skips vital pre-Cop26 meeting

29 Jul 21 - India was the only one of 51 invited countries that didn’t attend a two-day ministerial meeting in the UK capital, hosted by the incoming president of the COP26 United Nations talks.

Carbon negative concrete developed

16 Jun 21 - Montreal company Carbicrete has developed a method for sequestering carbon in concrete, claiming its product captures more carbon than it emits.

Tar sands companies aim for ‘net zero’ by 2050

Syncrude Oil Operations near Fort McMurray, Alberta, Canada
Photo Credit: Jiri Rezac/Greenpeace

14 Jun 21 - In a move that will add fuel to the fire of those claiming corporate offsetting is simply greenwashing, Canadian tar sands producers have committed to achieve "net zero" emissions in their operations...

Fossil fuel divestment is the road to climate justice

25 May 21 - Professor Susie O'Brien argues that oil is the lifeblood of our culture and climate crisis, and divestment is the way to achieve climate justice, in this opinion piece for The Conversation.

Native Americans at risk from climate change

14 Apr 21 - At any moment, on any school day, the entire future of the Quileute Tribe is at risk.

What the Canadian court rule means for carbon pricing

29 Mar 21 - Less than a week after Conservative Party members defeated a motion to acknowledge the reality of climate change in its official policy, Canada’s Supreme Court reminded Canadians that climate change...

Canada will keep its carbon tax

26 Mar 21 - Canada's national carbon tax will remain intact after the country's Supreme Court ruled in favour of its legality.

Biden's Keystone death sentence means oil industry must innovate

26 Jan 21 - In one of his first acts of office, United States President Joe Biden has issued an executive order that effectively kills the Keystone XL pipeline project.

Canada to join NZ in going net-zero by 2050

23 Nov 20 - Prime Minister Justin Trudeau has presented a bill to commit Canada to cut its emissions to net zero by 2050 and set five-year targets to meet the goal.

Court considers whether Canada's carbon tax is legal

30 Sep 20 - After two days of hearing arguments for and against the federal government's carbon tax, the Supreme Court of Canada has adjourned without a decision.

Prospect of snap election reanimates Canada’s carbon tax battle

26 Aug 20 - Canada’s carbon tax is facing a renewed backlash amid talk of a green recovery to covid-19 and the prospect of a snap election in the autumn.

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