B.C. plans to expand reforestation program to include carbon credits – The Globe and Mail

Heading into this month’s COP26 summit on climate, his assignment was to explore opportunities to partner with the federal government to plant more trees as a way to restore lands that absorb more carbon than they emit into the atmosphere. That looks better, but only because the province does not include the GHG emissions caused […]

COP26 delegates stuck on major issues in carbon-emissions deal as deadline looms in Glasgow

The European Union’s climate policy chief, Frans Timmermans, has strongly backed the proposal. The most challenging of them is around how to ensure there is no double-counting, in which both countries in a credits sale wind up claiming the emissions reductions toward their targets. A second sticking point is around whether a small share of […]

One year from Pfizer vaccine news, some unlikely market outcomes – The Globe and Mail

Pfizer-BioNTech’s news on Nov. Pfizer’s vaccine was seen bringing about a value revival, yet several waves of rotation from growth to value in the past year have proved short-lived. The year saw global stocks add nearly $16 trillion in market capitalisation but much was down to tech, possibly as reopenings – and economic recovery – […]

Bitcoin, ether scale new peaks as enthusiasm for cryptocurrency adoption drives flows into …

Other pieces of positive news have also helped, including plans by Grayscale, the world’s largest digital currency manager, to convert its flagship bitcoin trust into a spot-bitcoin exchange traded fund. “Crypto is where the fast money is at,” said Chris Weston, head of research at brokerage Pepperstone. …Read the full story

U.S. regulators barely corralling feverish bitcoin mania – The Globe and Mail

“Bitcoin is unregulated and has risks related to fraud or manipulation which concerns the SEC. Regulators’ skepticism and caution surrounding bitcoin and cryptocurrency is long-standing and deep-rooted. a bit of the Wild West,” SEC Chairman Gary Gensler told Yahoo Finance on Monday, stressing that the global $2.5 trillion crypto market is mostly unregulated. Futures don’t […]

Canada’s energy sector deserves more credit for its innovation, new research suggests

All in, fossil fuel research, according to Statistics Canada, accounted for $622 million in 2019, or about 37% of Canada’s entire energy-focused R&D spend, although the amount spent by the petroleum industry has been declining since oil and gas prices peaked earlier in the decade. At a time when science has become so politically polarized, […]

Liberal Party planning green economy measures, with focus on jobs – The Globe and Mail

Other pillars of the party’s economic vision include its child-care program, aimed at bringing women into the work force, and increased investments in science and innovation – including a $2-billion promise to establish a Canada Advanced Research Projects Agency modelled on the United States Defense Advanced Research Projects Agency. “The green transition is a reality […]

How realistic is the promise of hydrogen power as the green fuel of the future?

The buses – made by El Dorado National and owned by the Stark Area Regional Transit Authority – look like any others. Hydrogen, the most abundant element in the universe, is increasingly viewed, along with electric vehicles, as one way to slow the environmentally destructive impact of the planet’s 1.2 billion vehicles, most of which […]

Telus launches $750-million green bond with interest rate penalty if it fails to meet targets

Vancouver-based Telus became the first Canadian company to issue sustainability-linked bonds, or SLBs, and encountered demand for its debt that far exceeded supply. Telus Corp. The concept of linking financings to ESG goals was developed in Europe, and there are now more than US$44-billion of SLBs outstanding worldwide. The new Telus debt pays 2.85 per […]