Our selection of environmental news from here and elsewhere
Quiz
Do Canadian banks finance the fossil industry?
Answer
Yes, more and more. And that is in the tens of billions of US dollars. This is what the report demonstrates Banking on Climate Chaospublished on June 17 by a coalition of environmental groups. The Royal Bank ranked eighth in the world in the petroleum and gas sector with 34.3 billion US of new commitments in 2024, while the Banque TD group came to ninth with 29.0 billion US. The report classifies the Scotia bank at 13e rank, the CIBC at 14e and BMO financial group at 16e row. The five large Canadian banks have all recorded an increase in their funding compared to the previous year. Overall, loans and subscriptions of the 65 largest world banks increased by US 162.5 billion last year to reach 869 billion US.
Canadian press
Should we more tax fossil industries?
PHOTO ERIC THAYER, ARCHIVES BLOOMBERG
Eight out of ten people believe that governments should more tax, oil, gas and charcoal companies to finance the fight against climate change, according to a study.
Eight out of ten people think that governments should tax more oil, gas and coal companies to finance the fight against climate change and help repair the damage caused by fossil fuels (storms, floods, droughts and forests). This is revealed by a study commissioned by Greenpeace International and Oxfam International, carried out in 13 countries, including Canada. Nearly seven out of ten people also believe that the fossil fuels industry and ultra -cheat have a negative influence on politicians in their country. In Canada, this figure climbs to 73 %.
The oil market could radically change
PHOTO HECTOR RETAMAL, ARCHIVES AGENCE FRANCE-PRESSE
The explosion of sales of electric vehicles, among others, should allow China to see its consumption in oil culminating in 2027, according to a report by the International Energy Agency (AIE).
China was the engine of growth in global oil demand for more than a decade, but the country should see its consumption peak in 2027, with the explosion of sales of electric vehicles and the deployment of high -speed trains and trucks operating on natural gas. This is shown by the new report of the International Energy Agency (IAI) published last Tuesday. Global oil demand could reach a tray by 2030, while production will continue to grow, thus profoundly transforming the black gold market. Uncertainties remain, however, in particular because of the rise in geopolitical risks and the worsening of trade tensions.
Cervids at the rescue of tigers
Photo taken from a video, Agence France-Presse Archives
Photo taken from a video taken in April 2024 and published on June 15 by the Thai department of national parks, fauna and flora (DNP) and the World Fund for Nature (WWF) showing a tiger that walks in Khlong Lan National Park, in the central province of Khampaeng Phet, in Thailand in Thailand
There were only 40 Indochina tigers left in Thailand in the early 2000s, under the effect of poaching and destruction of their natural habitat. The country estimates that around 200 tigers now live in freedom, in the western jungles bordering Burma. It is an “extraordinary” growth, rejoiced Stuart Chapman, of the NGO WWF. According to him, this success is due in particular to a program where sambars, local deer, are released regularly to feed the tigers. Overseen by the National Service responsible for National Parks (DNP) and WWF, this program has just entered its fifth year. Chaiya Danpho, of the DNP, welcomed these “very positive” releases, inspired by similar initiatives in Africa. According to him, only a small number of deer released will end as a tiger dinner; Most of them can reproduce and continue to live.
With the France-Presse agency
The rise in sea level is accelerating
PHOTO OLIVIER MORIN, ARCHIVES AGENCE FRANCE-PRESSE
The rise in sea level accelerated between 2019 and 2024, especially due to the melting of ice.
A dozen key climatic indicators are in red, warn scientists in a vast global study published last Thursday in the journal Earth System Science Data. In addition to GHG emissions – which have reached record levels in 2024 – and the alarming increase in temperatures, the authors are concerned about the acceleration of the rise in sea level, which receives large volumes of fresh water with the melting of ice. They observed an increase of some 26 mm between 2019 and 2024 – more than double what was observed on average since the start of the XXe century. This climb is subject to strong inertia and would continue even if the shows immediately stopped. But humanity is not destitute, however, specify scientists, who call for reducing GHG emissions “as quickly as possible” to stop the trend.
Agency France-Presse
