The revenues from the auctions have now surpassed the 3 billion CAD mark for Quebec. Even though Ontario pulled out of the program last year, the WCI cap-and-trade platform seems fairly stable. During this last auction, there was over 20 percent more demand than credits offered. The price now hovers at $20.82 CAD per ton […]
Carbon Consult Group is proud to join forces with Beyond Ratings, an innovative European financial services company providing enhanced financial metrics that systematically integrate Environmental, Social, and Governance factors (ESG). This new strategic partnership will provide the Canadian market with a comprehensive and unique solution that covers the entire investment universe. Read the full public release here.
Currently at approximately 1°C above pre-industrial levels (1850-1900), our planet is already seeing tremendous environmental transformations in response to this relatively sudden rise in temperature. Numerous scientists have gathered evidence that the warming will continue and are warning that the current 2°C limit proposed might be too high; and that a 1.5°C limit should be […]
Too long the forest fire season in British Columbia ? Prepare yourselves ; it’s the new climate reality in western Canada. The sky is darken with particulate matter and citizens have difficulty breathing. Sports activities in this beautiful natural landscape are now canceled or postponed. Insurance is so prohibitive that some home owners aren’t covered […]
Clearly, the Ontario government, with its commitment to move Ontario out of the cap-and-trade system, has moved from threat to action. Everything is now in the legislative stage and it goes without saying that some players will be losing greatly in the process (fuel distributors among others). The amount of compensation is not yet known, […]
Nowadays, a bipartisan coalition is rare fact at Capitol Hill. However, it seems that two former Republican and Democratic senators have joined efforts in proposing a simple and innovative approach to climate change : collect from large emitters and redistribute directly to taxpayers. Read Stephen Schmidt‘s full article in PRI.ORG, here.
The federal carbon pricing backstop (20$ per ton of CO2 equivalent), to be imposed starting January 2019 to any province that doesn’t implement an effective form of carbon pricing to reduce its GHG emissions, hasn’t convinced the premiers of Saskatchewan and Ontario. On the other end of the spectrum, British Columbia and Quebec seem to disagree, […]
Let’s face it ! China is by far the largest GHG emitter in the world (supplanting the US), due mostly to the country’s booming economy and its reliance for energy on coal, the most polluting form of fossil fuels. New data seems to indicate that China’s emissions fell substantially between 2013 to 2016. Is this hope […]
CO2 Solutions Inc. announces the arrival of Hydro-Québec to the Valorisation Carbone Québec (“VCQ”) project as a service provider partner. As a partner, Carbon Consult Group is proud to see such a serious partner such as Hydro-Québec join the most comprehensive and ambitious CO2 capture and use project in the world. The VCQ project continues […]
As pressure grows to account for risks associated with climate change, Europe’s largest banks are unveiling plans to lend and manage money in greener ways. “ The intention is to adapt our balance sheet to climate transition, so clearly we want to have a change in our business mix. ” said Louis Douady, head of corporate […]