Green investment guidebook authors hold off on adding carbon capture for oil, gas after pushback

Green investment guidebook authors hold off on adding carbon capture for oil, gas after pushback

Concerns were raised over extending the life of fossil fuels, locking in carbon-intensive energy and clashing with other countries’ taxonomies

Canada taxonomy kicks controversial 'abatement measures' down road

Green and transition categories to go forward essentially as proposed while abatement category undergoes more research, council says.

Canada Backs Oil Sands Carbon Capture While Its Climate Label Remains Unsettled

Canada is advancing a major oil sands carbon-capture project with tax incentives, planned operating support, and regulatory commitments. But the independent council writing Canada’s sustainable-investment rulebook still has not decided whether emissions-reduction work at existing oil and gas operations belongs in its framework. The Taxonomy and Transition Planning Council released its final methodology on Tuesday, […]