Business

Canadian banks have financed oil, gas, and coal companies to the tune of nearly $700 billion since the Paris Agreement was signed, and could be more at risk than they’re letting on.

Quebec’s environment minister recently cited environmental concerns as the reason to axe a proposed multibillion-dollar LNG project, but a glut of natural gas around the world is pushing some to ask if the industry is a dead end for Canada.

After a groundswell of opposition to GNL Québec’s multibillion-dollar natural gas project, the provincial government has rejected the plan. Now advocates say it’s time for other governments to follow suit.

Ottawa and its critics agree there is much more work to be done to achieve Transport Canada’s goal of phasing out the sale of internal combustion engine vehicles by 2035, but plans have stalled until the United States sets its course.

The pandemic upended Emira Refai-Gray’s efforts to upgrade her educational credentials, but the 21-year-old has since moved on from retail work to helping small businesses get online, and will soon be starting a science degree to keep workplaces safe.

The young CEO of ALT TEX has a modest goal. Myra Arshad just wants to dismantle the $104-billion global polyester industry, one of the primary climate villains of fast fashion. She and her co-founder are aiming to do that by turning food waste into textiles for clothing.

A recent poll shows an overwhelming majority of Newfoundland and Labrador residents want to see a transition away from fossil fuels. But the province is handing over hundreds of millions of dollars to the struggling industry.

Ottawa is launching a $1.5-billion fund to grow the country's clean fuel sector — but will financing be enough?

Friday marked the end of a global week of action against insurers of Canada’s Trans Mountain pipeline and its expansion project.

Despite plans to go electric, major auto manufacturers are focused on polluting SUVs and pickup trucks in the near term, which has one environmental group calling for new levels of federal scrutiny.

Gowtham Ramachandran and Toronto startup company Trace are developing manufacturing technologies to make it faster, cheaper and more efficient for hardware teams to build electronics.

The fast-fashion boom is fuelling a rise in the use of synthetic fibres made from fossil fuels, study shows.

Alberta's oil and gas industry is committing to net-zero with the hope carbon capture technology pays off. But will it?

Following pressure from Indigenous and climate activists, Trans Mountain insurer Argo Group is slashing ties with the Crown corporation.

The automaker said in a presentation for investors Wednesday that it will add about US$8 billion to its EV development spending from this year to 2025.