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Their negotiations over nation-building projects, however, “will be an important discussion because together, we’re going to be building the critical infrastructure, the clean energy projects, the critical metals and mineral projects that will deliver national security, growth in the Canadian economy, jobs for British Columbians, and help us for those public services that British Columbians depend on,” Eby said.
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Carney called it a “positive agenda,” in which Ottawa will work in partnership with B.C. and First Nations. He also vowed that a new oil pipeline will only go ahead after full consultation with First Nations, respecting government’s duty under Section 35 of the Constitution.
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— Derrick Penner
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Walking past a bus-stop billboard that asks how you reduce waste might not make you stop and think, but behavioural science experts say campaigns aimed at the elusive eco-conscious consumer can be successful over time.
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Metro Vancouver plans to spend $600,000 this year on campaigns to influence consumer habits to reach a zero-waste goal, but with a waste-diversion rate that has stalled at around 65 per cent for more than a decade, are they working?
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Sixty-five per cent is the highest diversion rate in North America with efforts made in recycling and keeping food scraps out of the landfills. Still, the region has a goal of 80 per cent diversion over the next 25 years, so there’s a lot of work to be done.
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For instance, there’s still consumer demand for single-use items — which increased during the pandemic with disposable masks and takeaway containers — and cheap clothing that gets tossed out quickly.
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The need to expand and build more landfills, skyrocketing methane emissions that contribute to a warming climate, and toxic run-off contaminating groundwater are just some of the challenges with a continued overreliance on landfills.
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— Tiffany Crawford
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Activist investors are pushing technology companies to explain how they’re reconciling surging electricity demand for AI with their climate commitments. Shareholders at Amazon.com Inc. voted on a proposal asking the firm to disclose more information. Voting is open for shareholders at Meta Platforms Inc. and Alphabet Inc. and will conclude later this month and in early June at each company’s annual meeting.
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Support for such initiatives has declined in recent years amid underwhelming outcomes and a broader political backlash in the US against environmental, social and governance investing. Heavyweight investment firms, including BlackRock Inc., Vanguard Group Inc. and State Street Corp., have also pulled back from these types of measures.
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The new effort shows that green shareholder activism, while quieter than in its heyday in the early 2020s, persists. The proposals were filed by the non-profit As You Sow, along with Presbyterian Life & Witness, Mercy Investment Services and Trillium Asset Management.
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“In the AI race, tech giants risk undermining their climate commitments at precisely the moment disciplined, long-term decision-making matters most,” said Andrea Ranger, director of shareholder advocacy at Trillium Asset Management. “Shareholders are asking for a credible strategy that preserves both climate goals and leadership in the AI economy.”
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In each proposal, shareholders request that the company “issue a report explaining how it will meet the climate change-related commitments it has made on greenhouse gas emissions, given the massively growing energy demand from artificial intelligence and data centres.”
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— Bloomberg News
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