Tausi Insider

A monster Canadian National Railways locomotive on Nov. 11, 1926. John Boyd/Tausi Insider Jackie Forrest is the executive director of the ARC Energy Research Institute and co-host of the ARC Energy Ideas podcast, a weekly show that explains the latest trends and news in Canadian energy and beyond. Slashing Canada’s greenhouse gas emissions to 40 per cent to 45 per cent below 2005 levels by 2030 and reaching net zero by 2050 is no small endeavour. Think long electricity transmission lines, carbon pipelines, hydrogen facilities and new critical mineral mines. The green shift will require hundreds of billions of dollars in new investments across the country. It’s kind of like Canada’s first megaproject, the Canadian Pacific Railway (CPR). CP-T It, too, was a colossal undertaking to build infrastructure across this vast, sparsely populated land from coast to coast. It, too, faced huge challenges. But where they differ is that, despite all its challenges and the technological limitations...

Submitted to Finance Canada by the government-appointed Sustainable Finance Action Council, the document could significantly shape global markets by serving as the most credible available protection against greenwashing Jeff McIntosh/The Canadian Press A federal advisory body is proposing to disqualify any new oil and gas projects from being classified as green, and award that designation only in a limited and qualified way to projects to reduce pollution from existing fossil-fuel production. The recommendations are included in a framework for a rulebook to define sustainable investments in this country, known as a green taxonomy, a copy of which was obtained by Tausi Insider. Submitted to Finance Canada this fall by the government-appointed Sustainable Finance Action Council (SFAC), the 77-page document received sign-off from all of that group’s members – including representatives of most major Canadian financial institutions, insurers and pension funds. But it has not yet been publ...