Study indicates human fossil methane emissions have been underestimated by up to 40%
The oil and gas industry has had a far worse impact on the climate than previously believed, according to a study indicating that human emissions of fossil methane have been underestimated by up to 40%.
Although the research will add to pressure on fossil fuel companies, scientists said there was cause for hope because it showed a big extra benefit could come from tighter regulation of the industry and a faster shift towards renewable energy.
"Unpriced risk was the main cause of the Great Recession in 2007-2008."
New research published Monday warns that extreme weather driven by the climate crisis could bring about an economic recession "the likes of which we've never seen before" if markets don't do a better job assessing climate risks.
Today, CBC News will carry a story about an alternative route for the Coastal GasLink pipeline, which was proposed by the Office of the Wet'suwet'en.
B.C. Supreme Court Justice Marguerite Church's recent court ruling cited several reasons for the company's decision to reject this, "including inappropriateness for the diameter of the pipeline, increased cost, the desire to avoid urban areas and greater adverse environmental impacts".
It took longer than it should have, but Canadians are finally paying attention to the struggle at Wet’suwet’en. The hereditary chiefs and supporters first built cabins on their traditional territory in 2010 to try to stop a pipeline from being built across their land but their campaign has grown thanks to effective solidarity actions.
