[Here, from the Business Council of BC, is another part of what we're up against in determining "whose new normal." Looks pretty much like the old normal with the possible addition of minimal support for childcare resources, a fond wish to co-opt Indigenous groups, an increase in government spending to boost business profits, and a decrease in regulations that protect the rest of us.
July 31, 2020 - French colossal fossil Total sent a shockwave through the Alberta oilpatch Wednesday with the announcement that it is writing off C$9.3 billion in assets in the tar sands/oil sands, including $7.3 billion in the Fort Hills mine, which opened just 2½ years ago, and the Surmont thermal oilsands project.
Zurich Insurance Group has decided not to renew coverage of the Trans Mountain pipeline, according to a media report.
The news comes roughly a year after the large Swiss insurance company declared it would reject companies that operate “purpose-built” transportation infrastructure for oilsands products, including pipelines.
David Gooderham describes a hearing on July 7 at the BC Court of Appeal that was likely the first time in Canada that detailed evidence of the gravity of the unfolding climate peril has been presented in a courtroom.
