My canadian business
On Sunday, President Obama told Waxman-Markey-bill drafters that he likes the vision of a clean green economic future in their sights, but wants them to lose the tariff approach they're currently favouring to get there.

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In a development that reportedly took even President Obama's aides by surprise, the United States' new cap and trade bill has narrowly passed the House of Representatives in Congress. The bill, known as Waxman-Markey, passed by 219 to 212, with 44 Democrats, mostly from coal-producing and industrial manufacturing states in ...

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The House is set to vote today on H.R. 2454, the American Clean Energy and Security Act of 2009, colloquially known as Waxman-Markey.

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Suncor Energy published its corporate sustainability report last week, trumpeting improvements in absolute water use (a 22% reduction over the past six years) and land reclamation (more than 1,000 hectares reclaimed). It also included some interesting claims about CO2 emissions.

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The Alberta government has more than $120 million ready to spend on projects that will help reduce greenhouse gas emissions, and last month appointed long-time oilsands exec Eric Newell to oversee the distribution of those dollars.

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On April 23, the state of California became the first government ever to adopt a low-carbon fuel standard. The law is designed to set a base standard for the carbon content of the fuels burned by transportation vehicles in the state of California.

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Robert Friedland's Ivanhoe Energy (TSX: IE) is now a member of the oilsands club.

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