Leaked report for world’s major fossil fuel financier says Earth is on unsustainable trajectory
The world’s largest financier of fossil fuels has warned clients that the climate crisis threatens the survival of humanity and that the planet is on an unsustainable trajectory, according to a leaked document.
To: Rt. Hon. Justin Trudeau, Prime Minister of Canada
Hon. John Horgan, Premier of British Columbia
Hon. David Eby, Attorney-General of British Columbia
Hon. Carolyn Bennett, Minister of Indigenous Relations
Hon. Scott Fraser, Minister of Indigenous Relations
and Reconciliation
Office of the Wet'suwet'en
Unist'ot'en Camp
Union of B.C. Indian Chiefs
S/Sgt. Janelle Shoihet, RCMP E Division
"Projects that enable fossil fuel growth at this moment in time are an affront to our state of climate emergency, and the mere fact that they warrant debate in Canada should be seen as a disgrace."
Export Development Canada (EDC) is a little-known federal Crown corporation with a track record of using public finance to back projects that violate Indigenous rights and push past our global carbon budgets.
When EDC acted as a key financier to allow for the government’s purchase of the Trans Mountain pipeline in 2018, I thought I had seen the worst.
"The path to a Green New Deal starts with bold action to restrict the supply of fossil fuels, and that is precisely why a ban on fracking is an absolute necessity."
More than 570 national, regional, and local groups signed on to a letter Thursday endorsing the first-ever national legislation that would immediately prohibit federal permits for new fracking or related infrastructure and fully ban the practice in the United States beginning in 2025.
The B.C. Greens have committed to supporting the B.C. NDP government on supply and confidence bills.
But Andrew Weaver and his two B.C. Green caucus colleagues have no intention of voting for Bill 10, which would provide a natural gas tax credit for "qualifying corporations".
Unless land management strategies are overhauled to reduce the gap between forestry and agriculture, it will be impossible to feed and nourish the human population without further damaging the environment and forests, according to scientists.
