Tag Archives: Divestment

Joe Biden’s comments about the oil industry

Carl Meyer, Canada’s National Observer, Local Journalism Initiative Reporter

U.S. presidential nominee Joe Biden’s comments about the oil industry on Thursday show that he understands the unparalleled global financial realignment happening due to climate change, the president of the Alberta Federation of Labour says.

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Writing Off Oil Sands Investments

It has been a week since the Supreme Court decided it will not hear an appeal by the Squamish Nation, Tsleil-Waututh Nation and Coldwater Indian Band. Trans Mountain currently has 4,919 people working on its controversial pipeline expansion. This project is expected to bring a sevenfold increase in the number of oil tankers plying the waters off Greater Vancouver. Yet even while we read that this project is going forward, another giant oil company is writing off oil sands investments. 

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Four Questions About BC’s Coal Policies

By Roy L Hales

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I recently asked the provincial government four questions about BC’s Coal Policies. Instead of answering the first three, their spokesperson replied, “I suggest you direct these questions to Port Metro Vancouver.” Only most of these questions were connected to the provincial Ministry of Energy and Mines decision to grant the Lafarge Canada facility on Texada Island a permit amendment so that it can handle up to 8 million tonnes of US thermal coal every year.

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Mainline churches divesting themselves of fossil fuel investments

“We have sinned,” the President of America’s most prominent seminary wrote in Time Magazine. She was not referring to a sex scandal or embezzlement, but rather the Union Theological Seminary’s stock portfolio. In the past, many mainstream churches have spoken against Climate Change in the past, and now they are divesting themselves of fossil fuel investments.

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