What’s an intact forest worth? The tricky task of quantifying Canada’s nature-based climate solutions
Since 2012, the work of the trees and plants of B.C.’s coastal rainforest have been generating credits—one credit for every tonne of carbon sequestered—that are bought by the B.C. government, companies and individuals wanting to offset their carbon emissions.
You might also be interested in
Why Liquefied Natural Gas Expansion in Canada Is Not Worth the Risk
An analysis of the economic and environmental risks of liquified natural gas expansion in Canada.
New Report Highlights Economic and Environmental Costs of Canada’s LNG Expansion
New report explains how LNG expansion will not only hamper Canada’s progress toward its climate goals but also create challenges for the economy in the long term.
Ottawa supports Big Oil over the climate
One can only imagine the positive buzz these days inside the boardrooms of Canada's oil companies, as they rake in record profits and plan major expansions of their oil production. Amid all the good cheer, one could easily lose sight of the fact that those plans will push the world dangerously closer to the brink of irreversible climate chaos. Even as the world finally signed a commitment at UN climate talks last month to begin transitioning away from fossil fuels, Canada's major oil companies are poised to do exactly the opposite — to greatly expand their fossil fuel production.
Carbon Minefields: Oil and gas exploration surging to pre-Covid levels
Oil and gas exploration is booming despite an agreement at last year’s COP 28 climate summit to transition away from fossil fuels.