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Investors with $39 trillion urge government to plan fossil fuel phase out

Investors managing $39 trillion have called on governments to raise their climate ambition, including setting plans to phase out fossil fuel use and forcing companies to set out science-based transition plans.
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oil lobby climate politics

U.S. oil lobby pushes Biden to roll back fossil fuel curbs

The American Petroleum Institute, the top U.S. oil lobby organization, on Tuesday urged President Joe Biden’s administration to lift a slew of restrictions on fossil fuel development to help ease soaring energy prices.
ndp canada clean fuel energy

Canada criticized for clean fuel rules that hit poorest households hardest

Canada's left-leaning New Democratic Party opposition party criticized on Tuesday freshly-unveiled clean fuel standards, after a government impact analysis said higher fuel costs will hit lower- and middle-income households hardest.

hydrogen energy clean fuel
Photo by Matthew Henry on Unsplash

Canada unveils hydrogen strategy to kick-start clean fuel industry

Canada unveiled a long-discussed hydrogen strategy on Wednesday, calling on investors to spur growth in a clean fuel sector that the government says could be worth C$50 billion ($39.2 billion), create 350,000 jobs and help the country achieve net-zero emissions by 2050.

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china renewable energy climate
www.reuters.com

China's energy giants tiptoe into renewables

China's state energy producers outlined initiatives to develop hydrogen and wind power after their earnings slumped along with the oil price in the first half but their renewables projects could take years to materialise.
canada methane emissions
www.reuters.com

As Canada curbs methane emissions, new measurements show problem bigger than thought

Reported greenhouse gas emissions from Canada's oilpatch have more than doubled in the year's first half as changes to how they are measured revealed a more extensive picture of environmental damage, previously unreported industry data show.

Dakota Access oil pipeline
www.reuters.com

U.S. court allows Dakota Access oil pipeline to stay open, but permit status unclear

A U.S. appeals court on Wednesday said that the Dakota Access Pipeline does not have to be shut and drained per a lower court order.

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