Climate Change and the Toronto Municipal Elections

In 2009 Toronto’s City Council mandated a study on the risks and impacts of climate change. The consultants assumed that countries would meet their Kyoto/Copenhagen targets for lower carbon emissions. Lower emissions would limit global warming, thereby reducing the risks of damages caused by future extreme weather events.  Unfortunately, few countries haven taken significant steps …

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Environmental Watchdogs

Environmental groups call on Canadian government to ensure oil and gas companies reduce their carbon emissions, just like everyone else The federal government must immediately close loopholes and rein in carbon emissions from oil and gas companies, say a broad cross- section of Canada’s major environmental groups. “True leadership in 2018 means having the courage …

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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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Ottawa gets it right!

In our 4RG blogs we have commented on mitigation of risks (adaptation) created by a warming climate:  severe weather events that result in flooding, and long periods of drought that lead to devastating forests fires. According to Don Forgeron, the President and CEO of the Insurance Bureau of Canada, the annual economic costs of natural disasters …

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Divestment – where do the Churches stand today?

The Federal budget released yesterday (March 23)  included a very minor change to provisions of the Income Tax Act that allowed companies to fully deduct exploration expenses (seismic testing, exploratory drilling etc.) from revenue in the year in which these expenses were occurred.  Now these expenses can only  be deducted over time – unless the …

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