“If, as history shows, fantasies of weather and climate control have chiefly served commercial and military interests, why should we expect the future to be different?”
—James Fleming, Fixing the Sky1
One year after assuming the helm at B.C. Hydro, president and chief operating officer Chris O’Riley went before the Vancouver Board of Trade earlier this month for a progress report on Site C. “I want to start by acknowledging that Site C has been extremely challenging,” he began.
BERLIN – Since the Paris climate agreement was signed in 2015, too many policymakers have fallen for the oil and gas industry’s rhetoric about how it can help to reduce greenhouse gas emissions. Tall tales about “clean coal,” “oil pipelines to fund clean energy” and “gas as a bridge fuel” have coaxed governments into rubber-stamping new fossil fuel projects, even though current fossil fuel production already threatens to push temperatures well beyond the Paris agreement’s limit of well below 2 degrees above pre-industrial levels.
Has Big Oil exposed itself to billions in losses from a widening price differential between light (West Texas Intermediate, or WTI) and heavy (Western Canadian Select, or WCS) oil?
That’s the hypothesis in a report by Scotiabank as reported in The Vancouver Sun on Feb. 20 (Pipeline delays impose demonstrable cost ($10.7 billion) to Canada’s economy: Scotiabank).
Feb 26, 2018 - While BC consumers of carbon pay an ever increasing tax — $10 billion since 2009 — carbon producers are enjoying billions of dollars in subsidies.
[Editor's Note: It is well known that other indigenous peoples are leading the no pipeline movement and support an oil tanker moratorium on BC's coast.]
A First Nations’ led $17-billion oil pipeline from Alberta to the West Coast has put in motion a back-up plan to site its terminal across the border
