Industry Spin

Bailout Watch
Oil workers faced tens of thousands of layoffs in 2020 while their employers raked in billions in pandemic-related tax benefits

Apr 02, 2021

Last year was $8.2 billion less painful for 77 big fossil fuel companies, thanks to a tax bailout provision in a big pandemic stimulus bill.

The tax-law change did little, however, for nearly 60,000 workers those companies fired, leaving them stretching the $1,200 checks they received under the same law. Individuals were not eligible for the CARES Act loophole, which allows big polluters to reduce past taxes owed based on their recent yearly losses.

Alexis Baden-Mayer

February 2, 2021

On January 27, 2021, President Joe Biden signed his “Executive Order on Tackling the Climate Crisis at Home and Abroad.” This historic action commited the U.S. to achieving “significant short-term global reductions in greenhouse gas emissions and net-zero global emissions by mid-century or before.”


Marc Fawcett-Atkinson
Only nine per cent of Canada's plastic waste is recycled. A new coalition of businesses, environmental organizations, and governments say that can change, but critics are doubtful. Photo by Greenpeace

January 28th 2021

Every year, Canadians create hundreds of thousands of tonnes of plastic waste, almost half of it from packaging. Despite Canadians' diligent efforts at curbside recycling, most of it ends up in landfills. That might be changing.

Naomi Klein
WRITING ABOUT “The Great Reset” is not easy. It has turned into a viral conspiracy theory purporting to expose something no one ever attempted to hide, most of which is not really happening anyway, some of which actually should.
It’s extra confusing for me to unpick this particular knot because at the center of it all is a bastardization of a concept I know a little something about: the shock doctrine.
Marty Hart-Landsberg

Posted on 

This is the first in a series of posts that aim to describe and evaluate the World War II mobilization experience in the United States in order to illuminate some of the economic and political challenges we can expect to face as we work for a Green New Deal.  

Canadian Press

International analyses suggest Canadian financiers are oiling the wheels of the fossil fuel industry at a far greater rate than their peers.

Bankers say they've made big strides in addressing climate change concerns and promise to reveal how dependent on carbon their portfolios are. They add the nature of Canada's resource-driven economy makes large investments in oil and gas all but inevitable.

But critics say not much is changing.

Bruce S. Campbell
Broad-based citizen mobilization is essential to ensuring the implementation of emissions reduction measures are commensurate with the urgency of the crisis, says Bruce Campbell. Photo by Shutterstock

Broad-based citizen mobilization is essential to ensuring the implementation of emissions reduction measures are commensurate with the urgency of the crisis, says Bruce Campbell. Photo by Shutterstock


December 3rd 2020

With COVID-19 cases soaring in Canada and abroad, the immediacy of the pandemic is understandably sidelining public attention on the climate crisis barrelling down the tracks — with catastrophic effects if not reversed over the next 10 years.

Marc Fawcett-Atkinson
Johann Wieghardt trying out plant-based deli meats for the first time. “Better than I thought it would be. Would consider eating it if I was going to become vegetarian,” he said. Photo by Rochelle Baker

Dec. 3 2020

Vegetables are becoming increasingly common in an unusual place: the grocery store meat aisle.

Sales of alternative, or plant-based, meats are booming worldwide. Driven by skyrocketing demand from consumers striving to cut back on meat and companies facing increasing pressure to reduce their environmental footprint, the market is anticipated to reach $23.1 billion by 2025.

Primary Author: Matt Price
Bank Building - Unsplash/Pixabay

Dec. 2, 2020

This post by campaigner and Engagement Organizing author Matt Price appeared on The Tyee last week. We’re republishing it in full with permission from both.

Yadullah Hussain
Is oil turning into a sunset industry?

Dec. 1, 2020

Imperial Oil just became the most high-profile Canadian oil producer to give up on some of its fossil fuel assets in Alberta.

“Imperial has re-assessed the long-term development plans of its unconventional portfolio in Alberta, Canada and no longer plans to develop a significant portion of this portfolio,” the company said in a statement after markets closed on Monday.

The company said would take an impairment charge of about $900 million to $1.2 billion in the latest quarter.


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