Frankfurt-based Deutsche Bank is joining a lengthening list of European lenders and insurance companies that say they won't back new oilsands projects.
The German bank said Monday its new fossil fuels policy will also prohibit investing in projects that use hydraulic fracturing or fracking in countries with scarce water supplies, and all new oil and gas projects in the Arctic region.
Zurich Insurance Group has decided not to renew coverage of the Trans Mountain pipeline, according to a media report.
The news comes roughly a year after the large Swiss insurance company declared it would reject companies that operate “purpose-built” transportation infrastructure for oilsands products, including pipelines.
David Gooderham describes a hearing on July 7 at the BC Court of Appeal that was likely the first time in Canada that detailed evidence of the gravity of the unfolding climate peril has been presented in a courtroom.
Our global plastics problem has been steadily growing for decades, polluting the planet in obvious ways. Less obvious are the microplastics that we eat and breathe, and the impacts they have on our health. I experimented on myself to find out more.
A great, narrated picture/video tour of the TMX construction sites from Burnaby north.Trans Mountain Construction Update July 2020
Trans Mountain has got lots of sticks in the ground, but not a whole lot of pipe. Let’s try and keep it that way. Climate Campaigner Peter McCartney recently took a trip along the pipeline route for this construction update.
Businesses include oil and gas drillers and coal mine operators, an analysis by Documented and the Guardian finds
More than 5,600 companies in the fossil fuel industry have taken a minimum of $3bn in coronavirus aid from the US federal government, according to an analysis by Documented and the Guardian of newly released data.
The businesses include oil and gas drillers and coal mine operators, as well as refiners, pipeline companies and firms that provide services to the industry.
For Canada, an easy place to start would be the cancellation of the Trans Mountain pipeline expansion
Once in a generation. Once in a lifetime.
These phrases keep cropping up to describe the historic opportunity now before us. With governments preparing to spend massively to revive a global economy battered by the COVID-19 crisis, there is a chance to use the coming stimulus to not only emerge from this recession but also put people back to work building a world that avoids further climate breakdown.
