California and Quebec closed the common carbon market in Ontario, preventing companies from dumping $ 2.8 billion in emissions quotas following the announcement by Premier Doug Ford to end the Provincial Cap and Trade System. Read Shawn McCarthy‘s full article in the Globe and Mail here.
Ice sheets in Antarctica hold a tremendous amount of water. If they were to melt entirely the global sea level would rise by 58 meters (almost 200 feet). Needless to say that the rate at which ice sheets melt is crucial for coastal infrastructures, and the cost associated with such a disastrous scenario would be […]
Business will push the green agenda even if the politicians are not all committed to fighting climate change. Listening to some conservative politicians, you might think all business was ideologically opposed to cutting carbon, but that’s not true. Business follows the money. Read the full article from Don Pittis on CBC.CA
A research published in the International Journal of Science finds that by the end of this century, there is a more than 75% chance that limiting warming to 1.5 °C would reduce economic damages relative to 2 °C, and a more than 60% chance that the accumulated global benefits will exceed US$20 trillion under a 3% discount […]
Canadian’s boreal forest is impacted by climate change in many ways; tree growth, insect outbreaks, fire regimes, droughts, etc. Much of those impacts can be avoided by reducing GHG emissions, but unfortunately climate change is real and a resilient approach will be required by the industry and the government to deal with theses new conditions. […]