Carbon Pricing

The Canadian Climate Institute’s Principal Economist, Dave Sawyer, estimates average new emissions from the oil sands at 20 million tonnes per year, well above the total the industry is offering to capture by the mid-2030s or even 2045.

From land fraud to green lobbying, Brazil’s carbon markets are struggling to deliver what they promise—just as the country tries to lead on climate finance.

The Carney government is falling far short of its 2030 target—and thereby abdicating its responsibilities under the Canadian Net-Zero Emissions Accountability Act—because of its “comprehensive rollbacks of key measures” in its 2030 Emissions Reduction Plan, says Ecojustice, the legal charity representing the plaintiffs in a lawsuit against the federal government.

As many as six in 10 Albertans don’t want taxpayer money to support a new oil pipeline, and two-thirds say their province’s economy is too dependent on oil and gas, according to new polling released this morning by the Pembina Institute.

Ottawa's energy deal with Alberta will do little to reduce Canada's emissions, a new study released Thursday by the Canadian Climate Institute warns.

wo new polls released Wednesday indicate that people across Canada, including Albertans, support faster implementation of the country’s new industrial carbon pricing system, and that voters in swing ridings in Quebec and British Columbia oppose federal subsidies for a new fossil fuel pipeline.

A Calgary-based specialist working to decarbonize the oil sector from within is arguing that producers pushing back against industrial carbon pricing have it backward: rather than harming competitiveness, a sound policy is what would have given Alberta’s barrels a fighting chance in “carbon-constrained” global markets.

Former environment and climate minister Steven Guilbeault announced Wednesday that he will resign as a member of Parliament this summer following significant changes to federal climate policy under Prime Minister Mark Carney.

A House of Commons committee is calling on the Carney government to release a “revised and fully costed plan” to meet Canada’s 2030 climate targets and release updated modelling on the cumulative impact of the recent parade of rollbacks to federal climate policy.

Prime Minister Mark Carney and Alberta Premier Danielle Smith have taken a “sledgehammer” to Canada’s remaining climate commitments with a carbon pricing agreement that will drive up the country’s greenhouse gas emissions by an estimated 230 million tonnes through 2040, leading climate analysts say.

Prime Minister Mark Carney is poised to announce a deal with Alberta Premier Danielle Smith that will postpone implementation of a $130-per-tonne  industrial carbon price in Alberta from 2030 to 2040, according to multiple news outlets each citing multiple sources.

With even fossil-producing countries like Saudi Arabia, Norway, and the United Kingdom pursuing climate strategies and working to reduce emissions, the federal government will miss the “reality of the world we're in right now” if it dilutes its carbon pricing regime in response to “nonsense” arguments from the fossil fuel...

The controversial memorandum of understanding (MOU) on fossil fuel development between the federal and Alberta governments has undergone a dramatic metamorphosis, with the fossil companies it was meant to serve fighting hard to blow it up, while climate hawks who broadly opposed it try to preserve key elements of the...

With power demand from data centers skyrocketing, the state is rejoining a regional climate initiative.

A key committee of the International Maritime Organization is meeting this week to advance a net-zero framework for green shipping, over loud objections from the Trump administration.