B.C. terminals key to the U.S. gas industry’s battle against renewable energy
Wall Street investment firms are betting on LNG projects in Canada as part of the “Unleashing American Energy” strategy, unveiled this week by President Donald Trump.
“We will drill, baby drill,” Trump declared to a standing ovation at his inauguration ceremony, signaling the MAGA movement’s plan to flood world markets with North American oil and gas.
Ignoring warnings about rising energy bills, B.C. and U.S. plan more gas exports
Incoming U.S. president Donald Trump promises a dramatic expansion of the LNG industry starting next week. And British Columbia is going along for the ride.
“I will approve the export terminals on my very first day back,” Trump said at a rally last year. Meanwhile B.C. Premier David Eby is following the same path on LNG, throwing his government’s support behind new gas projects.
Canada’s insurance sector is raising alarms about the potential for the country to become “uninsurable” by 2035 due to insufficient policy action on escalating climate disasters. Meanwhile, a former California insurance official has criticized the industry for underwriting the very fossil fuel projects that worsen the climate crisis.
Pension funds are gambling with Canadians’ retirement savings by placing multi-billion dollar bets on hydrogen's ability to rescue old, polluting gas pipelines from terminal decline, according to a climate finance advocacy organization.
The Pathways Alliance’s proposed carbon capture and storage megaproject has not begun construction or even received approval, and yet its business model is already collapsing, according to a global think tank.
So now we know how the second Trump era begins: with Los Angeles on fire.
Apocalyptic, tragic and almost impossibly emblematic. The world at large is spiralling past the guardrail of 1.5 degrees while politics retreats from tackling the problem. Ten thousand homes and buildings burned, neighbours dead and neighbourhoods reduced to ash while the incoming president deflects, derides and promises more drilling for fossil fuels.
Prime Minister Justin Trudeau’s climate-conscious government bought Canada an oil pipeline while ushering in significant environmental laws
Justin Trudeau will step down as Canada’s prime minister after the Liberal Party picks a new leader, ending a near-decade of the most climate-conscious federal government in modern history.
Canada’s 100 richest CEOs made 210 times more than the average worker in 2023, a new report by the Canadian Centre for Policy Alternatives (CCPA) reveals.
By 10:54 a.m. Thursday, the first official work day of the New Year, these CEOs will have already made, on average, $62,661 — as much as the average worker makes in a whole year.
