Tag Archives: Divestment

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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Faith Leaders Opposing BC’s Coal Port Expansion

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Rev Dr Dorothy A Jeffery an ordained minister with the United Church of Canada is the spokesperson for Faith Leaders opposing BC’s coal port expansion.

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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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51 BC faith Leaders Against Texada Coal Port Expansion

By Roy L Hales

Fifty one of BC’s faith leaders have written Christy Clark an open letter requesting she reconsider her decision to approve the expansion of coal facilities on Texada Island. This follows the discovery, last month, that the provincial government secretly approved a plan to expand for a tenfold to twentyfold increase of the material being exported to China. They wrote that coal is “the fossil fuel most directly linked to the rise of CO2 emissions in China” and “making money at the expense of the health and prosperity of the planet is wrong.”

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Preparing for the Carbon Bubble

Business as usual is no longer a viable option for the fossil fuel industry. At the present rate of consumption, the world is heading towards a 6°C rise in global temperatures. Fossil fuel companies are exposing their investors to financial and climate risk. These were among the many topics discussed as Mark Campanale, of the London-based Carbon Tracker Initiative, explained how we should be preparing for the carbon bubble.

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