Environment commitments not met by Canada’s oil and gas companies, new report shows
September 26, 2022 Caitlin Yardley - THE CANADIAN PRESSMost of Canada’s oilsands producers have made little progress on their goal to decarbonize the sector despite historically high profits and low capital expenditures, a new report said. A report from the Pembina Institute said little has been done by…
A bridge to nowhere: Natural gas will not lead Canada to a sustainable energy future
September 14, 2022 The Canadian PressBy Amy Janzwood, SSHRC Postdoctoral Fellow, Department of Political Science, University of British Columbia and Heather Millar, Assistant Professor, Department of Political Science, University of New Brunswick – THE CONVERSATION This article was originally published on The Conversation, an independent…
The window of opportunity to address increasing drought and expanding drylands is vanishing
May 10, 2022 The Canadian PressBy Margot Hurlbert, Canada Research Chair, Climate Change, Energy and Sustainability, University of Regina – THE CONVERSATION This article was originally published on The Conversation, an independent and nonprofit source of news, analysis and commentary from academic experts. Disclosure information…
B.C. climate change initiative needs to look further than recovery, expert says
February 25, 2022 Dirk Meissner - THE CANADIAN PRESSVICTORIA – A disaster expert who led recovery teams after the earthquake and tsunami in the Indian Ocean that killed more than 230,000 people says British Columbia’s climate response strategy must protect the province from future environmental events. The B.C.…
How the P&C industry should shift its thinking about climate risk
February 11, 2022 by Jason ContantCanada’s P&C insurance industry needs to adapt its climate risk business model to focus more on loss prevention rather than indemnity, a speaker says Thursday at an industry event. And pricing needs to be forward-looking rather than based on historical…
Wildfire costs show need for preventative measures
February 9, 2022 Greg MeckbachNatCat costs from summer 2021’s B.C. wildfires reached $77 million in insured damage in White Rock Lake and $78 million in Lytton. With renovations adding value to homes, and by extension insurable damage risk, it may make sense to encourage…
Utility says B.C.’s heat, rain and cold in 2021 underscore changing demand for power
January 21, 2022 by Jason ContantVANCOUVER – British Columbia endured sizzling summer heat and bone-numbing cold to end 2021 and the province’s electrical utility says the result was a record-breaking, year-round demand for power, launching a trend that’s not expected to end soon. In a…
Rising seas: Delays to safeguarding N.S.-N.B. boundary area worries politicians
October 28, 2021 Michael Tutto - THE CANADIAN PRESSHALIFAX – Legislators on both sides of the Nova Scotia-New Brunswick boundary say efforts to safeguard their area from a potential climate disaster have dragged on too long. An engineering study commissioned to develop “three viable solutions” to the risk…
B.C.’s climate change plan aims for changes by 2030 for consumers, industry
October 26, 2021 The Canadian PressVICTORIA – British Columbia has introduced a plan to reach its legislated target to reduce greenhouse gas emissions by 2030 with initiatives like slashing the number of kilometres driven by 25 per cent compared with last year and boosting the…
Regulator expects more frequent volatility in financial sector
September 30, 2021 Ian Bickis - THE CANADIAN PRESSTORONTO – The head of Canada’s banking regulator warned Wednesday of the potential for increased volatility in the global financial system as risks, especially around climate change and digital finances, are on the rise. “My new responsibility requires that I…
Canada’s warming may hurt access to insurance: DBRS
September 24, 2021 James Langton - Investment ExecutiveAn increase in extreme weather events may threaten the availability of property insurance in Canada, warns DBRS Morningstar in a new report. The rating agency said that Canadian property and casualty (P&C) insurers have, so far, proven resilient in the…
Wildfire and flood disasters are causing ‘climate migration’ within Canada
September 22, 2021 The Canadian Press - THE CONVERSATIONThis article was originally published on The Conversation, an independent and nonprofit source of news, analysis and commentary from academic experts. Disclosure information is available on the original site. ___ Author: Yvonne Su, Assistant Professor in the Department of Equity…