Capitalism

11/03/23
Author: 
John Young
LNG Canada site construction in Kitimat. British Columbians will not end up using any of the energy produced. Credit: LNG Canada

Mar. 10, 2023

You’re probably busy just trying to make a living, so you may not have noticed that the world’s biggest oil and gas companies are making a killing.

Again.

Still.

More than ever.

07/03/23
Author: 
Geoff Dembicki
Senior executives from Suncor and other oil sands producers appear in a recent Pathways Alliance ad. Source: PathwaysAlliance.ca

Mar 6, 2023

‘That would be a death knell for our climate targets,’ says climate advocate.

Oil sands producers plan to spend billions of dollars on emissions-reducing technologies so that they can boost production and sell more of their climate-warming products overseas, an industry lobby group explained to Canada’s federal government on multiple occasions. 

04/03/23
Author: 
Eugene Kung
The Trans Mountain saga has brought to light just how deep petro-politics have seeped into some federal institutions. Photo by Shutterstock

Feb. 27, 2023

Feb. 18, 2023 marked the one-year anniversary of Trans Mountain’s last construction cost update, when the price tag of the expansion project (TMX) ballooned to $21.4 billion — nearly triple the cost projected when Canada bought the embattled pipeline in 2018.

04/03/23
Author: 
Stephen F. Eisenman
2001, A Space Odyssey, dir. Stanley Kubrick, 1968. Screenshot.

“The ideas of the ruling class are in every epoch the ruling ideas, i.e. the class which is the ruling material force of society, is at the same time its ruling intellectual force. The class which has the means of material production at its disposal, has control at the same time over the means of mental production, so generally speaking, the ideas of those who lack the means of mental production are subject to it.” Marx, The German Ideology, 1845.

 

04/03/23
Author: 
Jake Johnson
Image Credit: Lisa Ferdinando

Mar. 4, 2023

Pharma ‘myth’ debunked as study shows US public poured $32 billion into mRNA vaccines

"Without public investment, there would be no mRNA vaccines."

Vaccine equity campaigners said Thursday that a new peer-reviewed study published in a major medical journal should put to rest the pharmaceutical industry’s “false narrative” that its own investments were responsible for the rapid development of mRNA vaccines to fight the coronavirus pandemic.

04/03/23
Author: 
Amanda Stephenson - The Canadian Press
Storage is shown at the Marathon Petroleum Corp. refinery in Detroit. The Canadian Association of Petroleum Producers said it expects investment in oil and natural gas production in Canada to rise above pre-pandemic levels. PHOTO BY PAUL SANCYA/THE ASSOCIATED PRESS

Mar. 2, 2023

'Feels pretty good': Oil and gas investment in Canada to hit $40 billion in 2023, CAPP says

Up 11 per cent from last year, but still well off levels in 2014 when oil prices last boomed

CALGARY — Investment in oil and gas production in Canada will jump by 11 per cent to hit $40 billion in 2023, the country’s largest fossil fuel industry group said Wednesday.

Demand big question for oil prices this year

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