West Coast Pipeline Won’t Recoup Its $43.7B Cost as Global Oil Demand Weakens
There’s no likely need for Alberta’s proposed West Coast Pipeline, as the rise of electric vehicles and a faster global energy transition drive down future oil demand and prices at a faster rate than industry and governments may have expected, the Institute for Energy Economics and Financial Analysis (IEEFA) concludes in an analysis released this morning.
It has been heartening to witness the degree of national unity as Canadians steel themselves for the current trade war and insist that our governments stand up to Trump. According to many reports, Canada was dangerously close to signing a terrible deal with yet more concessions. But thankfully, at the 11th hour, the US demanded too much and Prime Minister Carney pulled the plug. The federal government has now announced counter-tariffs that will kick in after Labour Day, along with initial supports for affected workers and businesses.
“To be honest, there aren’t really good data on the cost of climate change,” co-author Andy Hira said, something he attributed to “willful ignorance” among policy-makers reluctant to link fossil fuel production to the costs it helps create.
A new American Meteorological Society report paints a grim picture of the global climate.
As global warming continued to reshape Earth’s climate, the planet’s oceans reached record high temperatures for the third year in a row in 2025. Some northern forests and tundra released more carbon dioxide than they absorbed. And the Greenland Ice Sheet lost about 129 gigatons of ice, enough to form a cube of ice about three miles wide on each side.
Mark Carney wants to make Canada more like Norway. He has some work to do
It’s back. As dangerous wildfire smoke blanketed much of the northeast part of our continent, the conversation about our new climate change-driven normal returned with a depressingly predictable vengeance. So too did the loopy comments from Republican politicians in the United States, reflecting a fundamental misunderstanding of both climate science and geographic realities.
Prominent New Democrats and community leaders raise the alarm over Premier Eby + caucus support for LNG and call for renewed provincial climate leadership, amid worsening climate disasters Signatories in open letter say British Columbia no longer has a climate plan
