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fossil fuels

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Canada on track to reduce fossil fuel use by 62% by 2050

December 10, 2021 Amanda Stephenson - THE CANADIAN PRESS

CALGARY – A new forecast says Canada is on track for a significant reduction in fossil fuel use by 2050, even as electricity demand grows and demand for crude oil continues. In a new report on long-term Canadian energy supply

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New report sounds the ‘death knell for coal and fossil fuels’

August 9, 2021 Christopher Reynolds - THE CANADIAN PRESS

OTTAWA – The secretary-general of the United Nations says a new report “must sound the death knell for coal and fossil fuels,” raising renewed questions about Canada’s climate plan and the long-term viability of its traditional energy sector. The UN

News Insurance

Pressure from investors isn’t the only reason insurers are exiting from fossil fuels

June 1, 2021 by Jason Contant

Many insurers and reinsurers are considering or actively transitioning away from insuring fossil fuel companies as pressure mounts from investors and clients over environmental, social and governance (ESG) practices. “But pressure from end investors isn’t the whole story,” Tom Johansmeyer,

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Diminishing Diesel

May 1, 2017 Peter Hatges, Managing Director, KPMG Corporate Finance Inc. and National Sector Leader, KPMG in Canada

The future of the diesel engine is up in the air due to concerns over nitrogen oxide emissions, the touting of fuel cells and the availability of liquefied natural gas.

News Climate ChangeInsurance

California says oceans expected to rise higher than thought

April 28, 2017 The Associated Press

SAN FRANCISCO – California says new climate change findings mean the ocean off the state’s coast is expected to rise higher than previously thought. The state’s Ocean Protection Council on Wednesday revised projections it provides to agencies to help them

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New Brunswick committee on climate change calls for ‘carbon pricing mechanism’

October 25, 2016 The Canadian Press

FREDERICTON – A New Brunswick legislature committee on climate change is recommending the province establish a “made-in-New Brunswick carbon pricing mechanism.” It was one of 85 recommendations made in the all-party committee’s final report released on Monday. But the committee

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Climate change scientists ask federal government to reject B.C. LNG project

May 30, 2016 Gemma Karstens-Smith - THE CANADIAN PRESS

VANCOUVER – Dozens of international climate scientists are calling on the Canadian government to reject a proposed liquefied natural gas project in northwestern British Columbia, saying it would have dire environmental effects. Ninety academics from Canada, the United States, Australia

News Climate ChangeInsuranceMergers and Aqcuisitions

Ontario Liberals won’t confirm published details of Climate Change Action Plan

May 17, 2016 Keith Leslie and Allison Jones - THE CANADIAN PRESS

TORONTO – Ontario’s environment minister insists the province won’t eliminate natural gas for home heating as part of a soon-to-be-released plan to fight climate change. Glen Murray refused to confirm or deny a Globe and Mail report saying the province