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Paris Agreement Article 2.1(C) sounds obscure – but it packs a big punch for cleaning up the financial sector.

Enviromental Defense

At COP27 this November in Sharm El-Sheikh, Egypt, a call to action to shift all capital for climate came into the spotlight. C) of the Paris Agreement has significant implications for how the global financial system works and will be a centrepiece of the coming years. C) of the Paris Agreement. Article 2.1(C)

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Two-thirds of Canadians want financial sector regulated to ensure environmental sustainability

Enviromental Defense

Two thirds (65 per cent) support the government passing new sustainable finance regulations in the financial sector, with more preferring mandatory than voluntary regulations. The desire for mandatory regulations is driven by skepticism that financial institutions would respect voluntary regulations.

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All-star team of politicians step up to fix finance for climate

Enviromental Defense

Canada finally has an all-star team ready to tackle the biggest gap in Canada’s climate plans: regulations that align Canada’s financial system with climate action. Canadian banks and pension funds rank in the bottom third globally on financing clean energy, yet are among the world’s largest investors in fossil fuels.

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The EIA Just Released a 30 Year Energy Outlook. It’s… Not Great

Union of Concerned Scientists

It’s widely viewed as the “gold standard” for energy projections, even though there’s much debate in the energy community about the validity of the assumptions behind these projections. These projections show that without additional policies or incentives, the US is very much in danger of not meeting our climate goals.

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Sustainable Finance 101: Transforming Finance for a Sustainable Future

Enviromental Defense

Canada promised to cut its greenhouse gas emissions after the 2016 Paris Agreement. It was part of the global agreement where 195 countries all agreed to reduce their emissions, and Canada has set this promise into law. Why financial regulation? The government sets regulations to keep Canadians safe.

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Path Forward: Why Carbon Capture Is Critical for US Oil

Clean Energy Law

With increasing pressure to fight climate change, scientists, and leaders agree that carbon capture, use, and storage (CCUS) is a cost-effective solution to meet emissions goals made under the Paris Agreement. .

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Good News—and Bad—about Fossil Fuel Power Plants in 2023 

Union of Concerned Scientists

With the clean energy transition already under way, the US electricity mix is set to continue changing this year. Solar power is expected to make up about half of all additions of US electric generating capacity in 2023, according to data from the US Energy Information Administration (EIA). I’ll start off with the good.