On August 29, 2005, Hurricane Katrina made landfall off the coast of Louisiana, triggering a slow-moving disaster as floodwaters breached the levees around New Orleans. Nearly 2,000 people were killed over several weeks, hundreds of thousands of homes were destroyed, and the city was left in ruins. Environmental scientists warned that Katrina was a taste of what was in store for the Gulf Coast region if climate change continued unchecked.
If federal parties are serious about taking on climate change, they need to stop giving money to the oil and gas industry, according to two climate experts.
The costs of the Trans Mountain expansion project continue to soar, but with the company behind it increasingly opaque since Ottawa bought the pipeline, it’s difficult to say by how much, according to a new report from West Coast Environmental Law (WCEL).
The Liberal Party’s climate plan includes commitments for a just transition and new funding to support fossil fuel-reliant provinces, but one oilpatch worker-led organization says the plan falls short of what is needed.
New pipelines could help Canada export more tar sands, boosting the bottom lines of Alberta’s oil producers. But experts warn that Canada is charting a ‘path to climate crisis.’
Wall Street analysts are advising their clients to invest in Canadian tar sands companies on the expectation that the highly controversial Line 3 and Trans Mountain Expansion pipelines overcome Indigenous-led public opposition and reach completion.