A proposed electric vehicle tax credit in US Democrats’ Build Back Better bill is raising trade tensions with Canada and Mexico. Both countries claim the policy, if included in the final bill, will violate the USMCA (formerly NAFTA) by disadvantaging their respective auto manufacturing industries.

At COP26, delegates and other notable persons from the worlds of politics, business, and finance announced various pacts and initiatives, some better received than others. Here is a summary of the conference in 10 points covering its five greatest achievements and five most notable failures.

Canadian Prime Minister Justin Trudeau unveiled his new cabinet Tuesday, naming Steven Guilbeault the new Minister of Environment and Climate Change. A longtime environmental activist, Guilbeault served for several years as spokesman for Greenpeace Quebec, and was co-founder and senior director of Quebec environmental non-profit Équiterre.

If adopted, firms offering public investments would have to disclose greenhouse gas emissions (or explain non-disclosure), as well as governance, strategy, risk management practices, and metrics pertaining to climate-related risks and opportunities.

Canada will join a global initiative led by the United States and European Union to reduce methane emissions 30% from 2020 levels by 2030.

New York Governor Kathy Hochul signed a bill Wednesday enshrining into law a goal to make all new passenger vehicles sold or leased in the state zero emission by 2035.

Canadian carbon pricing is complicated. Conservative Leader Erin O’Toole’s carbon pricing plan would only further complicate it while increasing the regulatory uncertainty around carbon pricing that’s so frustrating to industry.

It’s election season again in Canada. That means it’s time to evaluate our federal political parties’ proposed policies, including with respect to climate change and the environment. In this piece, we’ve summarized some of the key differences between each party’s climate plan to help readers evaluate which would be best for Canada.

The European Union’s executive branch, the European Commission, last week unveiled its ‘Fit for 55’ climate plan: an ambitious set of policy and regulatory proposals aimed at lowering the bloc’s net emissions by “at least” 55% by 2030 compared to 1990 levels. In this piece, we’ve put together an overview of the plan’s principal components.

Last week, Canada’s largest city endorsed the call for a fossil fuel non-proliferation treaty, and approved a new green building standard and net zero existing buildings strategy, both of which will put the city “on a solid path to a net zero future.”