As Canada experiences a record-shattering summer of deadly extreme weather, it’s worth remembering that our national pension fund has poured much of our retirement savings into the primary cause of the climate crisis: fossil fuels.
In doing so, the Canada Pension Plan Investment Board is also undermining its own purpose: to provide Canadians with retirement security by achieving a maximum rate of return without undue risk of loss. Fossil fuel industries, after all, must be rapidly phased out to ensure a safe climate future.
Canada's current wildfire season is devastating evidence of the effects of climate change, scientists say, but for some conspiracy theorists, the thousands of square kilometres of burnt ground isn't enough to convince them.
Oil, gas and coal benefited from $7tn in support in 2022 despite being primary cause of climate crisis
Fossil fuels benefited from record subsidies of $13m (£10.3m) a minute in 2022, according to the International Monetary Fund, despite being the primary cause of the climate crisis.
Inside the fight to save one of the last ancient old growth forests on the planet
Not long past the break of dawn, along a remote road deep in the unceded, forested mountains of southern Vancouver Island, the steady blaring of a conch shell sends a warning through the trees.
A raid is coming.
In the Savage Patch camp, a new front in a years-long struggle over the fate of some of the country’s oldest trees, a small group of forest defenders scurry to pack sleeping bags and douse the fire that kept them warm through the night.
Appeal proposes conference to discuss strategy and turn theory into action
This appeal was published on August 23 by the British group Anticapitalist Resistance. This is an important initiative, but its success will depend whether it involves a wide range of ecosocialist currents in launching a non-sectarian and action-oriented coalition.
RIO DE JANEIRO (AP) — Ecuadorians voted against drilling for oil in a protected area of the Amazon, an important decision that will require the state oil company to end its operations in a region that’s home to isolated tribes and is a hotspot of biodiversity.
![[Top photo: Presidential candidate Jan Topic, of the Country Without Fear Coalition, shows his ballot in a referendum on whether the country should ban oil operations in the Amazons during a snap election in Gyayaquil, Ecuador, Sunday, Aug. 20, 2023. In a historic decision, Ecuadorians voted on Sunday against the oil drilling of Yasuni National Park, which is a protected area in the Amazon the home to two uncontacted tribes and serves as a biodiversity hotspot. (AP Photo/Martin Mejia, File)]](https://ecosocialistsvancouver.org/sites/default/files/styles/medium/public/article-image/screenshot_2023-08-21_213813.png?itok=EN44PS0B)
