Divestment Now!

St. James Cathedral

Yes, liquidating pension fund investments in fossil fuel companies is not a popular course of action. The moral justification for doing so it clear:  the continued consumption of fossil fuels is dooming the earth that our grandchildren – and their grandchildren – will ultimately inherit. But on the practical level –- managers of these funds …

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Canada, a Climate Change Laggard?

Deciding which countries will successfully meet climate change goals is as difficult as choosing the winning horse before a race starts. There are too many variables to be certain of the outcome., So, just as in a horse race, an assessment of a country’s commitment to meet these goals requires a consideration of “the odds”, …

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Exploiting the Arctic

Over many of the last decades, Norway’s wealth grew significantly, thanks to state revenues flowing from North Sea Oil.    During this period Norway was a benefactor to third world countries, assisting them to adopt measures to limit climate change and its impacts. A recent article in the Manchester Guardian commented on the ambivalence of …

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Subsidies to the Fossil Fuel Industry – on the way out!

In 2010 the G-20 countries concluded that financial assistance by a state to its fossil fuel industry encouraged development of fossil fuel resources, leading to increased emissions from fossil fuels. These countries agreed that state assistance, whether in the form of a subsidy or tax incentives, should be phased out over time. EnviroEconomics Inc., a …

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Let’s get moving on the “Canada Energy Plan”

Gillian Steward’s op-ed on Albertan politics in the Toronto Star  (Wildrose attack on Wynne  backfires) makes Wildrose politicians sound like guests at a mad hatter tea party.  But her reference to a grudge held by Albertans towards Ontario because of the “long-gone and much-despised National Energy Program (NEP)” makes it sound as though the whole …

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