The Globe and Mail reports in its Thursday, July 9, edition that the Canadian guidebook aimed at attracting climate-friendly investments is expanding to include decarbonization projects for oil and gas production, a move greens warn could slow the move to a low-carbon economy. The Globe's Jeffrey Jones writes that the Canadian Taxonomy and Transition Planning Council starts a five-week public consultation on Thursday to gather feedback on its methodology to address the $115-billion capital needed annually for Canada to achieve its net-zero targets by 2050. The draft guidebook originally classified eligible investments into two categories: green projects like renewable energy and transitionary activities that decarbonize high-emission processes. Now, the council recommends adding a third category -- abatement measures -- which includes methane reduction and carbon capture, utilization, and storage in oil and gas operations. The council recognizes that while steel and concrete manufacturing will be in high demand during the transition to a low-carbon economy, these sectors also need to decarbonize. The council said fossil fuels continue to be a significant source of Canadian emissions that need to be addressed.