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	<title>The Narwhal | News on Climate Change, Environmental Issues in Canada</title>
	<link>https://thenarwhal.ca</link>
  <description><![CDATA[Deep Dives, Cold Facts, &#38; Pointed Commentary]]></description>
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  <copyright>Copyright 2026 The Narwhal News Society</copyright>
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		<title>The Narwhal | News on Climate Change, Environmental Issues in Canada</title>
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      <title>Can cash ever be green?</title>
      <link>https://thenarwhal.ca/newsletter-green-economy-local-collaboration/?utm_source=rss</link>
			<guid isPermaLink="false">https://thenarwhal.ca/?p=111012</guid>
			<pubDate>Sat, 22 Jun 2024 12:00:00 +0000</pubDate>			
			<description><![CDATA[What does a ‘green economy’ mean — can a bank’s emissions reduction promises truly curb its hunger for profit? In a new collaboration with The Local, we look for answers]]></description>
			<content:encoded><![CDATA[<figure><img width="1400" height="934" src="https://thenarwhal.ca/wp-content/uploads/2024/06/Ont-greeneconomy-GFL-stoneycreek-CKL-1-1400x934.jpg" class="attachment-banner size-banner wp-post-image" alt="A mother pushes two small children on a swing set, with mounds of landfill waste in the distance" decoding="async" srcset="https://thenarwhal.ca/wp-content/uploads/2024/06/Ont-greeneconomy-GFL-stoneycreek-CKL-1-1400x934.jpg 1400w, https://thenarwhal.ca/wp-content/uploads/2024/06/Ont-greeneconomy-GFL-stoneycreek-CKL-1-800x533.jpg 800w, https://thenarwhal.ca/wp-content/uploads/2024/06/Ont-greeneconomy-GFL-stoneycreek-CKL-1-1024x683.jpg 1024w, https://thenarwhal.ca/wp-content/uploads/2024/06/Ont-greeneconomy-GFL-stoneycreek-CKL-1-768x512.jpg 768w, https://thenarwhal.ca/wp-content/uploads/2024/06/Ont-greeneconomy-GFL-stoneycreek-CKL-1-1536x1024.jpg 1536w, https://thenarwhal.ca/wp-content/uploads/2024/06/Ont-greeneconomy-GFL-stoneycreek-CKL-1-2048x1366.jpg 2048w, https://thenarwhal.ca/wp-content/uploads/2024/06/Ont-greeneconomy-GFL-stoneycreek-CKL-1-450x300.jpg 450w, https://thenarwhal.ca/wp-content/uploads/2024/06/Ont-greeneconomy-GFL-stoneycreek-CKL-1-20x13.jpg 20w" sizes="(max-width: 1400px) 100vw, 1400px" /><figcaption><small><em>Photo: Christopher Katsarov Luna / The Narwhal / The Local</em></small></figcaption><hr></figure><p>One of my favourite parts about working at The Narwhal is just how close our colleagues at The Local are &mdash; they&rsquo;re our upstairs office neighbours, and we get to have lunch together every now and then.<p>And like us, they&rsquo;re part of a non-profit newsroom that cares about creating a future for smart, accessible journalism. Like us, their reporters, editors and operations manager get very excited about potlucks. The idea for the collaborative series we launched this week,&nbsp;<a href="https://thenarwhal.ca/topics/ontario-green-economy/?utm_source=The+Narwhal&amp;utm_campaign=d5ab825874-June+22+2024+%E2%80%94+Ont.+collab+The+Local&amp;utm_medium=email&amp;utm_term=0_f6a05fddb8-d5ab825874-" rel="noreferrer noopener">The Green* Economy</a>, probably originated over a spread of Trinidadian doubles, Vietnamese salad rolls, mushroom bruschetta, biryani, homemade cake and okay, fine, a salad.&nbsp;</p><p>The Narwhal and The Local have different mandates &mdash; we cover the natural world in Canada while they&rsquo;re all about urban health and social issues in Toronto. The common ground? We&rsquo;re both focused on centring the humanity of people often dismissed by those in power. But when it comes to the frustrating inertia with which governments and institutions are tackling the climate emergency, we both agree the focus should actually be on power. Too many who hold that power often wield it to prioritize profits that jeopardize the one planet we&rsquo;ve got. Money might make the world go round &mdash; but a healthy economy isn&rsquo;t more important than a healthy planet.&nbsp;</p><p>For all the talk about carbon capture and net-zero commitments, none of us were convinced the pursuit of profit is slowing down as the urgency of climate mitigation ramps up. And without real, widespread commitment to curb&nbsp;global warming, the inequities and tragedies both our outlets cover are only going to get more serious.&nbsp;</p><p>And so, we decided, it was time to put the money makers under our shared microscope.</p><img width="2500" height="1667" src="https://thenarwhal.ca/wp-content/uploads/2024/06/Ont-greeneconomy_LocalNarwhal_046.jpg" alt="TD Future Cities Centre at Evergreen Brick Works in Toronto."><p><small><em>The Narwhal and The Local investigated solutions to bring down carbon emissions from buildings in Toronto &mdash; including innovations out of the TD Future Cities Centre at Evergreen Brick Works. Photo: Chlo&euml; Ellingson / The Local / The Narwhal </em></small></p><p>To explore the intersection of cash and climate, The Local and The Narwhal have put together a two-week long series we&rsquo;re calling&nbsp;<a href="https://thenarwhal.ca/topics/ontario-green-economy/?utm_source=The+Narwhal&amp;utm_campaign=d5ab825874-June+22+2024+%E2%80%94+Ont.+collab+The+Local&amp;utm_medium=email&amp;utm_term=0_f6a05fddb8-d5ab825874-" rel="noreferrer noopener">The Green* Economy</a>, with an asterisk to indicate our healthy and needed skepticism. We&rsquo;ve already published a couple of banger investigations into huge institutions &mdash; the&nbsp;<a href="https://thenarwhal.ca/ontario-green-for-life-waste-management/?utm_source=The+Narwhal&amp;utm_campaign=d5ab825874-June+22+2024+%E2%80%94+Ont.+collab+The+Local&amp;utm_medium=email&amp;utm_term=0_f6a05fddb8-d5ab825874-" rel="noreferrer noopener">waste management company GFL</a>&nbsp;and&nbsp;<a href="https://thenarwhal.ca/royal-bank-fossil-fuels-reputation/?utm_source=The+Narwhal&amp;utm_campaign=d5ab825874-June+22+2024+%E2%80%94+Ont.+collab+The+Local&amp;utm_medium=email&amp;utm_term=0_f6a05fddb8-d5ab825874-" rel="noreferrer noopener">Canada&rsquo;s biggest bank, RBC</a>&nbsp;&mdash; whose environmental promises seemingly contradict their actions on the ground. We also examined the&nbsp;<a href="https://thenarwhal.ca/toronto-building-emissions/?utm_source=The+Narwhal&amp;utm_campaign=d5ab825874-June+22+2024+%E2%80%94+Ont.+collab+The+Local&amp;utm_medium=email&amp;utm_term=0_f6a05fddb8-d5ab825874-" rel="noreferrer noopener">cost of reducing emissions</a>&nbsp;from Toronto&rsquo;s buildings, and just who should foot the bill.&nbsp;</p>
<blockquote><a href="https://thenarwhal.ca/royal-bank-fossil-fuels-reputation/">Royal Bank of Canada on the defensive over criticism of fossil fuel financing</a></blockquote>
<p>Next week, we&rsquo;ll explore how traditional auto mechanics are being sidelined by electric vehicle manufacturers, and what that means for workers and consumers alike. There&rsquo;s another massive company &mdash; one that&nbsp;sends most Ontarians a bill every month &mdash; in our sights, and, since we&rsquo;re talking about money, we&rsquo;ll look at just how much nature itself is worth. But more on that later.</p><p>Until then, go check out our stories published so far&nbsp;<a href="https://thenarwhal.ca/topics/ontario-green-economy/?utm_source=The+Narwhal&amp;utm_campaign=d5ab825874-June+22+2024+%E2%80%94+Ont.+collab+The+Local&amp;utm_medium=email&amp;utm_term=0_f6a05fddb8-d5ab825874-" rel="noreferrer noopener">here</a>, or on&nbsp;<a href="https://thelocal.to/summer-2024/?utm_source=The+Narwhal&amp;utm_campaign=d5ab825874-June+22+2024+%E2%80%94+Ont.+collab+The+Local&amp;utm_medium=email&amp;utm_term=0_f6a05fddb8-d5ab825874-" rel="noreferrer noopener">The Local&rsquo;s site</a>, where you can also peruse other incredible reporting on essential issues in Toronto.</p><p>Take care and be a good neighbour,</p><p>Denise BalkissoonOntario bureau chief</p></p>
<p><em><strong>The Narwhal’s reporters are telling environment stories you won’t read about anywhere else. Stay in the loop by <a href="https://thenarwhal.ca/newsletter/?utm_source=rss">signing up for our free weekly dose of independent journalism</a>.</strong></em></p>]]></content:encoded>
      <dc:creator><![CDATA[Denise Balkissoon]]></dc:creator>
			<category domain="post_cat"><![CDATA[Newsletter]]></category>			<category domain="post_tag"><![CDATA[Ontario]]></category><category domain="post_tag"><![CDATA[The Green Economy]]></category>    </item>
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