Food & Energy
Even as Canada struggles to build its first liquified natural gas (LNG) export terminal, the US approved another five-billion cubic feet (bcf) per day of capacity, solidifying its hold on the global market as it signs new supply deals on an almost daily basis.
On Tuesday, Houston-based Cheniere signed a 20-year deal with China’s ENN Natural Gas Co. to supply about 50 billion cubic feet of gas through its Sabine Pass terminal in Louisiana. It comes on top of a separate 15-year deal with Norwegian state oil company Equinor for another 85 bcf, bringing the nameplate capacity of its facilities to a whopping 1 trillion cubic feet per year.
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Read MoreIt’s the world’s ‘other’ greenhouse gas, and it’s about 25 times more potent than carbon dioxide at trapping heat in the atmosphere.
Now Canada is taking steps to clamp down on methane, which accounts for about a fifth of global emissions.
Methane comes from a variety of sources, including landfills, coal mining, stationary and mobile combustion, wastewater treatment and agriculture — think belching cows.
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Read MoreMinnesota, long known as the “Land of 10,000 Lakes,” is a heralded haven for people and wildlife alike, a state rich in natural resources.
But now, a nickel mine proposed for northern Minnesota poses a threat to the stability of precious wetland ecosystems, according to critics trying to block the project.
Though backers of the mine claim it will be an environmentally friendly operation that provides crucial material for the production of electric vehicle batteries, challengers say the mine could actually create more environmental problems than it will solve.
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Read MoreFashion influencers with big followings on social media came under fire this week for praising the supposedly humane working conditions of a Chinese clothing brand notorious for being a sweatshop after visiting its factory for a documentary.
Dani Carbonari, AuJene Butler, Marina Saavedra, and Destene Sudduth toured several Shein facilities in Guangzhou, China, and recorded happy, healthy employees there for a film.
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Read MoreDozens of Just Stop Oil activists have been arrested after the eco-mob threw paint over an office building in Canary Wharf this morning.
A total of 27 eco-zealots were detained after staging a sit-in at the headquarters of Total Energies and using repurposed fire extinguishers to spray-paint its exterior fluorescent orange.
Footage shared by the group also showed them entering the reception area and blasting the floor with black paint just as employees were arriving.
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Read Morearry Fink would do well to book an appointment with his chiropractor to help undo the knots he tied himself in over the weekend.
The chief executive of US fund management company BlackRock, who could quite plausibly be described as the godfather of “ESG” (environment, social and governance) investing, said he was no longer going to use the term because it is being politically “weaponised”.
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Read Morelashing public spending. Tearing up our arbitrary net zero targets. Privatising healthcare, liberalising planning, deregulating our labour market. These may be desirable policies that could get the British economy growing again, breaking us out of the doom-loop of stagnation, rising taxes and higher inflation – but they would be very difficult to implement.
Yet we may not need such a radical agenda to turn the UK economy around: currently, even Justin Trudeau’s ultra-woke Canada is beating us on growth. With moderate reforms in just a few areas, particularly climate change, we could significantly improve our performance.
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Read MoreThe U.S. Department of Transportation announced Monday it is releasing some $1.7 billion in grants to fund new electric and low-emission buses across the country.
The taxpayer dollars come from the 2021 infrastructure bill signed into law by President Joe Biden, AP reports, with the money going to transit projects in 46 states and territories.
“Every day, millions of Americans climb aboard over 60,000 buses to get to work, to school, doctor’s appointments, everywhere they need to be,” Transportation Secretary Pete Buttigieg said in a call with reporters.
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Read MoreNumerous Petro-Canada gas stations are only able to process cash transactions, as parent company Suncor works to fix what it is calling a “cybersecurity incident” over the weekend.
On Sunday, Suncor said it was working with third-party experts to investigate and resolve the issue.
“At this time, we are not aware of any evidence that customer, supplier or employee data has been compromised or misused as a result of this situation,” Suncor said on Sunday. “While we work to resolve the incident, some transactions with customers and suppliers may be impacted.”
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Read MoreCanada has for years forked over billions of dollars in subsidies to oil and gas companies — an approach that critics say flies in the face of the country’s climate goals, and impinges on efforts to turn toward renewable energy sources.
Now, the federal government is preparing to release a new policy that will put an end to “inefficient fossil fuel subsidies,” a commitment Canada made more than a decade ago.
Have a question or something to say? Email: ask@cbc.ca or join us live in the comments now.
A spokesperson for Environment Minister Steven Guilbeault said the new policy will be released in July.
But the strength of that commitment, environmental groups say, will hinge on how exactly the terms “inefficient” and “subsidy” are defined.
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