Nuclear power one day coming to Alberta is an exciting prospect for Capital Power Corp., but its chief executive says it's too soon for the electricity generator to contemplate any meaningful investment in the idea. "We're exploring it with best-in-class experts, we're collaborating with government and we're keen to move to the next steps," Avik Dey told analysts on a conference call Wednesday to discuss the company's third-quarter results. "In terms of capital allocation or putting risk [Read more]

OTTAWA - Environment advocates say the federal government's consultations ahead of the release of its climate competitiveness strategy next week have focused in part on making industrial carbon pricing a cornerstone of the new plan. Two senior officials at national environmental advocacy groups who met with the federal ministers developing the plan in recent weeks say the emphasis on industrial carbon pricing in their discussions — and Prime Minister Mark Carney's commitment to it during the [Read more]

OTTAWA - Some of Canada's allies are praising Ottawa's work on preventing Russia from smuggling oil through concealed ships — ships that Ottawa fears could someday unleash an environmental cataclysm in the Arctic. Canada and its allies have blacklisted more than 400 unregistered ships — known as shadow vessels — in just six months. The effort aims to starve Russia of funding for its war on Ukraine while preventing leaky ships from one day compromising Canada's Arctic environment. "The [Read more]