Global warming is not only an environmental hazard, but also a great challenge for economic policy. Without economic incentives, analysts say, the needed investments in industrial cleanup, innovative low-carbon technologies, fuel-efficient cars and other ways of reducing energy waste will not occur.
Overseas demand for Alberta bitumen has yet to materialize as Asia transitions to electrified transport.
"The behavior of Donald Trump and the oil and gas industry has added to evidence of possible misconduct," said three U.S. lawmakers.
Paul Marshall’s hedge fund was “turbocharged” by private equity giant KKR, which has major stakes in oil, gas, and coal.
Oil and gas greenwashing is a major obstacle to climate action, city councillor Dianne Saxe tells DeSmog.
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