Public financial institutions across China, Japan, and South Korea have bankrolled Australia’s gas projects to the tune of $28 billion (US$21 billion) over the last decade. However, as Prime Minister Scott Morrison joins world leaders at COP26—the 26th United Nations climate summit in Glasgow—environmental groups have decried Australia over its continued inaction in halting coal,…
COP26: Canada Joins 24 Countries Pledging to End Fossil Fuels Financing Abroad by 2022
Canada and at least 24 other countries have committed at the COP26 climate summit to end all public financing for fossil fuel projects abroad by the end of 2022, despite the absence of major Asian countries that contribute to a bulk of such financing. The decision came Nov. 4 at the United Nations climate change conference, where…
Xi Jinping Skips COP26 Despite China Being the Top Polluter; Former CIA Officer Discusses China IP Theft
As the COP26 climate conference is underway, one member is missing. Chinese leader Xi Jinping did not even attend. Rather, he sent a letter instead. Why is the top polluter in the world not in attendance? I discuss exactly how unserious the Chinese regime really takes climate change. Plus, have you ever wondered what “common prosperity” really…
COP26: Trudeau’s Heightened Climate Demands on Oil & Gas Sparks Criticism Back Home
Trudeau increased the pressure on Canada’s energy sector with talk of a hard cap
China Wants US to Fulfill Demands in Exchange for Climate Change Cooperation
Beijing wants Washington to soften its China policies before working with the United States on climate change, as the U.N. Climate Change Conference (COP26) continues in Glasgow. “You can’t ask China to cut coal production on the one hand, while at the same time imposing sanctions on Chinese photovoltaic enterprises,” said Wang Wenbin, spokesperson for…
Head of OECD Calls for Global Carbon Pricing
Former Australian Finance Minister and now Secretary-General of the Organisation for Economic Co-operation and Development (OECD) Mathias Cormann has called for the world to adopt a consistent global carbon price. Speaking to ABC radio on Wednesday Cormann said that if the world had a globally applied comprehensive carbon tax it would be the most efficient way to…
Vanity Project: Cap on Energy Sector Emissions Will Cost Canadians Dearly
Commentary Nobody can claim that they didn’t see it coming. Putting a hard cap on emissions from Canadian oil and gas production was a plank in Justin Trudeau’s election platform this year and he is following through with it. It sent chills through the Canadian petrochemical industry nonetheless when Trudeau formally committed to an emissions…
Australia Increases Climate Finance Commitment to $2BN
Prime Minister Scott Morrison has announced that Australia will bypass international bodies to invest directly in its Asia and Pacific partners when it increases its climate finance commitments to $2 billion (US$1.5 billion). Morrison, who is attending COP26 with political leaders from Fiji, Tuvalu, and Palau, said he wants to cut out the red tape and…
Australia Increases Climate Finance Commitment to $2 Billion
Prime Minister Scott Morrison has announced that Australia will bypass international bodies to invest directly in its Asia and Pacific partners when it increases its climate finance commitments to $2 billion (US$1.5 billion). Morrison, who is attending COP26 with political leaders from Fiji, Tuvalu, and Palau, said he wants to cut out the red tape and…
Scientists and Experts Will Solve Climate, Not Politicians: Australian PM
Australian Prime Minister Scott Morrison has told world leaders that the swift invention of COVID-19 vaccines has provided cause for optimism that scientists and other experts can invent the technological solutions needed to combat climate change by achieving net zero carbon emissions by 2050. Addressing the COP26 summit in Glasgow early on Tuesday, Australian time, Morrison…
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