Remove Banking Remove Climate Change Remove Fossil Fuels
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The Deceit Playbook: Fossil Fuel Interests Target  Opponents with Intimidation Campaigns 

Union of Concerned Scientists

Much evidence has surfaced about the tactics to which fossil fuel companies have resorted to distort the facts, intimidate their opponents, and block climate action that might hurt their bottom lines. org, the Climate Investigations Center, Greenpeace, and the Rockefeller Family Fund. Read the full report here.

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Will UN Climate Talks in Azerbaijan Deliver on Finance and Emission Reductions? 

Union of Concerned Scientists

This could be met from a variety of sources—including pollution fees on fossil fuel companies, the elimination of fossil fuel subsidies, and wealth taxes on the richest people. Since then, the World Bank has taken on the role of hosting the fund and serving as its trustee on an interim basis for four years.

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The Great Bank Exodus: what’s the story?

Enviromental Defense

Four of our largest banks have recently withdrawn from the UN-backed Net-Zero Banking Alliance (NZBA). This may seem like a setback for climate progress in Canada, but it simply underscores the limits of voluntary initiatives and the need for the government to enforce climate-aligned financial regulations.

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Public backs push to shift financial institutions from fossil fuel investments

Enviromental Defense

The findings become even more fascinating when we examine demographic data: Only 6 per cent of the 18 to 29 year olds surveyed are opposed to the government ensuring financial institutions shift money out of fossil fuels and into clean energy. trillion CAD of financing for fossil fuels in 2022.

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The Ontario government’s attack on the federal Clean Electricity Regulations is hurting Ontarians while slowing down Canada’s climate efforts

Enviromental Defense

The federal government’s proposed regulations to reduce emissions in electricity generation are achievable without breaking the bank. In fact, studies show that clean energy is a more affordable option than continuing to rely on fossil fuels.

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Statement on CSA Pausing Work on Mandatory Climate Disclosures 

Enviromental Defense

Mandatory climate-related disclosure rules are essential for financial regulators to meet their mandates to ensure the stability of the financial system and reduce systemic risk. They are also critical for investors and companies to prepare for climate disruption. The CSA is being regressive. New rules are needed.

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COP29 in Critical Phase as Nations Seek Agreement on Climate Finance Goal 

Union of Concerned Scientists

Nations remain far apart in reaching agreement on a new climate finance commitment from richer countries and will need to double down on efforts over the next few days to secure an ambitious outcome. Those investments will deliver huge climate and public health benefits from reduced fossil fuel pollution. Meanwhile,