Carbon & Sustainability
AIMCo CEO rejects fossil fuel divestment as investment strategy
Thursday, September 22, 2022, 6:20 AM MDT
The CEO of Alberta Investment Management Corp. (AIMCo) says divesting from fossil fuels is the opposite of what pension funds…
Fossil fuel sector needs investment to reduce emissions: RBC exec
Wednesday, September 21, 2022, 6:12 AM MDT
Even as a growing number of activists urge financial institutions to take action against climate change by reducing funding to…
First public global database of fossil fuels launches
Tuesday, September 20, 2022, 6:20 AM MDT
A first-of-its-kind database for tracking the world's fossil fuel production, reserves and emissions launches on Monday to coincide with climate…
Samsung sets goal to attain 100% clean energy by 2050
Thursday, September 15, 2022, 6:37 AM MDT
Samsung Electronics is shifting away from fossil fuels and aiming to entirely power its global operations with clean electricity by…
Shell CEO to step down as oil giant looks to climate goals
Thursday, September 15, 2022, 6:25 AM MDT
Shell CEO Ben van Beurden is stepping down at the end of 2022 after nine years in charge, the energy…
China may boost coal power plant building amid energy crunch
Monday, September 12, 2022, 6:50 AM MDT
China may add more new coal-fired power plants in the next few years than previously expected after a spate of…
There’s a new race to develop bite-sized carbon capture tech
Friday, September 9, 2022, 6:49 AM MDT
Technology to remove carbon dioxide from emissions before they enter the atmosphere is still nascent, but many scientists, governments and…
Australia enshrines in law 43% greenhouse gas reduction aim
Thursday, September 8, 2022, 7:50 PM MDT
Australia’s Parliament on Thursday enshrined in law the government’s elevated target of reducing greenhouse gas emissions by 43 per cent…
Repsol sells $3.4 billion stake in shift from fossil fuels
Wednesday, September 7, 2022, 7:03 AM MDT
Spanish oil and gas giant Repsol SA is selling a quarter of its exploration and production division for $3.4 billion…
Yellen says US back on track to ending fossil-fuels dependence
Tuesday, September 6, 2022, 7:04 AM MDT
The US is on track to hit ambitious emissions-reduction goals following recent climate legislation that encourages investment in green technology,…
Ottawa rejects Atlantic Canada's request for extension to submit climate plan
Friday, September 2, 2022, 6:17 AM MDT
The federal environment minister on Thursday rejected a request from the premiers of Atlantic Canada for an extension to the…
U.S. climate bill’s subsidy bonanza gives new push to carbon capture
Wednesday, August 24, 2022, 6:56 AM MDT
U.S. companies that cut carbon emissions could qualify for subsidies on even the smallest projects under new climate legislation, unleashing a potentially unprecedented wave of investment in…
