Sounds good: "If Boulder’s claims are allowed to go forward, some 90,000 municipalities across the country would have the ability to ... [ask] juries to impose catastrophic damages on selected fossil fuel producers.” – Kannon Shanmugam, lawyer for Exxon and Suncor
Corporate Knights
@green-economy.bsky.social
A magazine about the green economy
What could US$500 billion a year fund?
This graphic by @greencb.bsky.social shows how much 94 developing-country governments could save in interest if they borrowed at the same rates as developed countries, according to the United Nations Conference on Trade and Development.
Fascinating story in @canarymedia.com today about Qcells, which is adding a layer of perovskites to regular silicon panels so they can soak up more sun. The company will open a gigawatt-scale factory in 2029. bit.ly/4ynod6H
Also, check out this cool hail-replicating device.
Fossil fuels are more expensive than we realized: The social cost of carbon pollution is about four times higher than previously estimated, according to new research by the Stockholm Resilience Centre @sthlmresilience.bsky.social .
We are grateful that Antonio Guterres continues to speak with unstinting clarity: “Current policies are taking the world to a 2.8 degree temperature rise...that spells catastrophe, yet the collective response remains pitiful."
Solar developers: "We're ready to build." Grid: "Please hold. Your call is very important to us. Estimated wait time... 4 to 7 years."
Guess who's benefitting from the Iran War? US refiners are on course to report a more than fourfold increase in profits, per Financial Times.
2025 combined profits of eight refiners in the first two quarters: $6.8 billion
2026 combined profits in the same period: $32.4 billion.
Heard China keeps building coal? Well, it's worse than that: Chinese banks are in the midst of a massive coal-industry financing boom.
Eugene Ellmen explains what's going on here: corporateknights.com/energy/despi...
Apparently Pakistan and China are thinking about interrupting the decentralized solar transition and doubling down on coal so Pakistan's power sector can pay off all the financing it owes China.
No climate test for LNG: Budget 2025 proposed deductions for “low-carbon” LNG. The Spring Update set an emissions-intensity requirement to qualify. In the Mega Deduction announcement, Ottawa dropped the requirement, so LNG Canada’s partners can potentially write off 100% of qualifying equipment.
Interesting new dashboard by the Sustainable AI Group shows the energy intensity of different AI models. Note: There are a lot of models (51) but only a handful of providers. One interesting metric worth exploring is the cost/session.
Climate comms, wildfire edition: A new study out of Concordia finds that leading media outlets were more likely to make the link to climate change during Canada's 2023 wildfires – a breaking point for "longstanding media caution around climate reporting"?
The geothermal startup Fervo Energy is now selling power to the grid, @canarymedia.com reports, marking the first time a utility-scale, next-generation geothermal facility has achieved such a feat worldwide.
Read our backgrounder by Victoria Foote on next-gen geothermal's rise: bit.ly/4hkNFEG
"If governments are serious about phasing out fossil fuels, the simplest test is a moratorium on new oil and gas licences and coal permits." - Mark Campanale on LinkedIn, writing about progress since the Santa Marta conference.
Read our story (July '26) on that global gathering: bit.ly/4xGO8FR
Heatmap is reporting the U.S. gov't appears poised to funnel $10 billion into the fusion industry to keep up with China's spending.
For context, read Victoria Foote's reporting on the current gold rush in fusion power (March 2026): corporateknights.com/energy/with-...
Pssst... we've got a surprise coming out tomorrow in the Ottawa edition of The Globe and Mail.
Here's a teaser: corporateknights.com/finance/brid...
Existential Politics author @greenprofgreen.bsky.social speaks with @green-economy.bsky.social. Read the interview here: buff.ly/0iq4njH
Important conversation with our director of research Ralph Torrie here: www.theenergymix.com/how-to-grow-...
It's a win: The Carney government tried to take away their day in court, but the youth suing the environment minister and the attorney general for weakening key measures in Canada’s 2030 Emissions Reductions Plan will get to make their case, the Federal Court of Canada has ruled.
Save the Children is saying that the Super El Nino threatens to push an additional 2 million children into acute hunger by early 2027 – a 30% increase – as a result of droughts, crop failures and livestock losses.
