IISD's Richard Halsey writes that a robust carbon tax keeps more revenue in South Africa and encourages local companies to reduce product emissions to improve competitiveness in international markets, and it aligns with international support for decarbonization efforts here.
The Canadian government has agreed to cover fees for a proposed deepwater oil project that could come due under a United Nations convention, drawing the ire of environmental groups who say taxpayers shouldn't be subsidizing oil companies.
Global debates are shifting between security, economic pressures and climate risks, sustainability leaders are reassessing priorities and partnerships. Patricia Fuller, President and CEO of IISD, spoke to BW Businessworld on the sidelines of the 25th World Sustainable Development Summit in New Delhi.
Canada's energy minister says the country is poised to become one of the world's biggest suppliers of liquefied natural gas, exporting as much as 100 million tonnes per year. But an analysis by IISD suggests Canadian officials may be overplaying the green credentials of Canada's LNG.