Tag: oil and gas
A Supreme Court ruling affirming Canada’s carbon tax opens the door for a startup explosion
Last week the Canadian Supreme Court ruled that the national government’s plan to tax carbon emissions was legal in a decision that could have significant implications for the nation’s climate-focused startup companies. The ruling put an end to roughly two years of legal challenges and could set the stage for…
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The Department of Defense is establishing a working group to focus on climate change
The U.S. Department of Defense is setting up a working group to focus on climate change. The new group will be led by Joe Bryan, who was appointed as a special assistant to the Secretary of Defense focused on climate earlier this year. The move is one of several steps…
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China launched its national carbon trading market yesterday
Yesterday, China flipped the switch on a nationwide carbon trading market, in what could be one of the most significant steps taken to reduce greenhouse gas emissions in 2021 — if the markets can work effectively. China is the world’s largest emitter of greenhouse gases and its share of the…
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A Biden presidency doesn’t need a Green New Deal to make progress on climate change
Even without a Green New Deal, the sweeping set of climate-related initiatives many Democrats are pushing for, President-elect Joe Biden will have plenty of opportunities to move ahead with much of the ambitious energy transformation plan as part of any infrastructure or stimulus package. Should Republicans manage to maintain control…
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Wall Street’s terrible, horrible, no good, very bad day ends with the Dow down 2,000
At least it’s over. The markets endured their worst day of trading of this young year as the Dow Jones Industrial Average dropped 2,000 points to close at 23,850.79 — a 7.79% decline. The Nasdaq Composite Index fell 624.94, to close at 7,950.68, and losses to the S&P 500 triggered…
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