Remove Carbon Offsets Remove Paris Agreement Remove Shipping Remove Stranded Assets
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At long last, Canada restricts oil and gas subsidies (except for all the loopholes)

Corporate Knights

The document also holds out the possibility of subsidies for carbon trading deals under Article 6 of the Paris agreement, and for Indigenous participation in fossil fuel projects. Carbon Capture Backed by Carbon Offsets? Given the persistent technical problems still facing CCS, that may not be likely.

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IPCC issues final warning about ‘rapidly closing window of opportunity’

Corporate Knights

Delaying those actions “would lock in high-emissions infrastructure, raise risks of stranded assets and cost escalation, reduce feasibility, and increase losses and damages.” By contrast, the report makes no mention of risky and controversial attempts at solar radiation management (SRM) and leaves out any reliance on carbon offsets.