Baltimore became the second East Coast city to file a climate liability lawsuit against fossil fuel companies. Its suit, announced Friday, becomes the 12th suit filed across the country aiming to hold the industry accountable for flooding and other harms caused by climate change.
This month, as the world’s diplomats gather in New York to review progress in implementing the United Nation’s vision of fair and sustainable economic development, Canada wants its own record front and centre. Last year, Prime Minister Trudeau told the UN that the sustainable development goals are “as meaningful in Canada as they are everywhere else in the world.” This year, Canada has put itself forward to be one of only a handful of nations that will be subject to a voluntary review during the UN’s High Level Political Forum on Sustainable Development.
If you have a public pension in B.C., your retirement savings are likely fuelling the climate change crisis.
The pensions of over half a million British Columbians are administered by the British Columbia Investment Management Corporation (BCI), formerly known as the bcIMC. It’s the fourth-largest pension fund manager in Canada and controls one of the province’s largest pools of wealth, totalling $135.5 billion.
Thirty years after a former Nasa scientist sounded the alarm for the general public about climate change and human activity, the expert issued a fresh warning that the world is failing “miserably” to deal with the worsening dangers.
Last fall 15,000 scientists issued a second dire notice to humanity that we are on a collision course with the limits of our planet. They concluded, “To prevent widespread misery, humanity must practice a more environmentally sustainable alternative to business as usual,” including “reassess[ing]… the role of an economy rooted in growth.” That means that we have to challenge capitalism; there is no capitalism without growth.
