"One of the biggest stories in the country right now is the blowback Ottawa is getting from the provinces over policies with high public support (like oil and gas emissions cap). Fossil fuel captured provinces are at war over climate policy." John Woodside - Twitter
An important point that some of us have overlooked: Canada will come under increasing pressure to market fossil fuels to other nations to balance our trade accounts!!!
- Gene (Vancouver Ecosocialists)
In Canada, which is heavily trade-dependent, free trade has been popular for several decades. For Conservative or Liberal governments, inking a new pact was reflexively hailed as a big achievement.
A new complaint sent to the FBI’s white-collar crime division and filed with U.S. financial regulators alleges Canadian oil company Reconnaissance Energy Africa (ReconAfrica) has used environmental claims to mislead investors.
ReconAfrica is drilling for oil in an ecologically sensitive region in Namibia. Its drilling plans are near the Okavango Delta — a UNESCO World Heritage Site, one of the world’s largest protected areas for endangered wildlife and a culturally significant place to the San people.
Trans Mountain facing intense deadline pressure to finish pipeline on time: Documents
CALGARY - New documents suggest the Crown corporation behind the Trans Mountain pipeline expansion is facing an uphill battle to finish the project on schedule in spite of mounting internal and external pressure to do so.
As Canada experiences a record-shattering summer of deadly extreme weather, it’s worth remembering that our national pension fund has poured much of our retirement savings into the primary cause of the climate crisis: fossil fuels.
In doing so, the Canada Pension Plan Investment Board is also undermining its own purpose: to provide Canadians with retirement security by achieving a maximum rate of return without undue risk of loss. Fossil fuel industries, after all, must be rapidly phased out to ensure a safe climate future.
Oil, gas and coal benefited from $7tn in support in 2022 despite being primary cause of climate crisis
Fossil fuels benefited from record subsidies of $13m (£10.3m) a minute in 2022, according to the International Monetary Fund, despite being the primary cause of the climate crisis.
