Up until 2030, the investment credit rates are set at 60 per cent for direct air capture technology, which sucks carbon dioxide out of the air, 50 per cent for other CCUS projects, including the capture of emissions from oil and gas production and hard-to-decarbonize industries like steel, and 37.5 per cent for storage, transportation […]
On April 4, the Intergovernmental Panel on Climate Change released its latest report — this time covering not the scientific basis for climate change and how it will impact us, but instead what we can do to stop it. One of the most controversial items that is expected to be included in the budget is […]
The deferral areas represent seven per cent of the company’s holdings and are the largest such initiative in Canada. The reductions will be translated into carbon credits available for sale to reputable organizations to help offset emissions, generating both ecological and economic value for Mosaic, the company said. A number of deferrals are concentrated in […]
“It’s not at all realistic,” said Julia Levin, senior program manager at Environmental Defence and author of the report. “They have said publicly on multiple occasions ‘it’s not part of our 2030 toolkit,’ and they’ve now released a plan that says the opposite,” said Levin. CCUS involves trapping carbon dioxide released during industrial processes to […]
For each sector, the plan looks at current emissions, what has been done so far, what feedback the government has received and what’s next. “That completely overshadows any promising investments that are included in real climate solutions,” said Morrice. The NDP and Liberals recently struck a deal expected to last until 2025. Rational Albertans who […]
As long as Canada continues to underwrite the oil and gas industry, it cannot make meaningful progress on the economic transformation needed to address climate change. We are three of the more than 400 Canadian climate scientists and academics who called for the government to scrap the proposed tax credit in January, pointing out that […]
A single tax incentive under consideration in Ottawa has the potential to create jobs, grow businesses and investment, and cut Canada’s carbon emissions. Dozens of Canadian companies, not-for-profit associations, unions, provincial governments, Indigenous groups, environmental NGOs and think tanks have asked for it. Then last week, a group of Canadian academics decided to publicly oppose […]
Some varieties of the technology can capture carbon released when fuel is burned and even suck carbon directly out of the air. Its plan to capture 90 per cent of emissions was dropped in favour of an easier 65 per cent target, but the facility still fails to regularly meet that, too. Even though carbon […]
It also provides more fuel to burn; dried plants above ground ignite more readily than permafrost, which is made from frozen dirt or sand or gravel mixed with dead plants. After analyzing satellite and aircraft imagery going back to the 1950s, scientists calculated that thermokarst formation has accelerated by 60 per cent since then. “If […]
That’s why, over the next two weeks, Max Fawcett will tackle the housing crisis and the ways we could address it in a series of them. Mix in the reality that housing policy falls mostly under provincial and municipal jurisdiction and it’s easy to see why the federal government — and, to be clear, many […]
