To an outsider, university divestment campaigns might look like a hopeful but impractical social movement led by naive cadres of sign-waving students. The truth, however, is that divestment is more successful and has more transformative potential than what first appears. Largely hidden but tightly woven connections between universities, finance and fossil fuels have provided ongoing …
The oil and gas industry is a marginal player in BC’s overall economy, yet has far-reaching environmental impacts, is inconsistent with global climate action and undermines First Nations’ rights and title. And yet, since BC started to implement climate action targets and policies in 2007, gas production has doubled. In our submission to BC’s oil …
In the wake of negotiations in Glasgow to push forward global climate action, it is clear that rich countries and jurisdictions like BC are not doing enough to cut greenhouse gas (GHG) emissions. On the heels of Glasgow, the massive flooding in southern BC should be another wake-up call on top of a year of …
When the provincial government announced its CleanBC Roadmap to 2030 on Oct. 25, conspicuously absent was any mention of BC’s LNG export aspirations, which will increase emissions from the oil and gas sector and likely doom any chance of meeting BC’s emissions reduction targets. The LNG Canada project under construction in Kitimat includes a gas-fired …
Last week Albertans received the fruits of the Kenney Government’s inquiry into foreign-funded “anti-Alberta” activities targeting the oil and gas industry. The $3.5 million report, a year late and a million dollars over budget, found no evidence of illegal activities or wrongdoing on the part of any individual or organization targeted by the Inquiry. When …
The Canada Pension Plan (CPP) manages the pensions of 20 million Canadians. In a recent Corporate Mapping Project report, we found that the CPP has increased the number of shares it owns in fossil fuel companies since Canada signed the Paris Agreement five years ago. The CPP’s total fossil fuel investments across its entire portfolio …
From unprecedented droughts to deadly heat waves, climate change is making the present—and all of our futures—less secure. The dream of a tranquil retirement is already being interrupted by nightmares such as the wildfires raging across BC and Alberta this summer.  Sadly, the Canada Pension Plan (CPP), which was designed to enhance our retirement security, …
Since the first oil well was drilled in 1859 humans have been on a roll. Global population has increased more than six-fold and energy use per capita has grown more than nine-fold. Accompanying this explosive growth in energy use was unprecedented economic expansion— since 1965 global GDP has grown 6.8-fold and per capita GDP has …
Since the first oil well was drilled in 1859 humans have been on a roll. Global population has increased more than six-fold and energy use per capita has grown more than nine-fold. Accompanying this explosive growth in energy use was unprecedented economic expansion— since 1965 global GDP has grown 6.8-fold and per capita GDP has …
Instead of playing a crucial role to help Canada achieve its Paris Agreement targets, Canada’s “Big Five” banks are actually hindering Canada’s progress on climate change. The Big Five  banks—RBC, TD Bank, Scotiabank, BMO and CIBC—are among the most powerful corporate entities in Canada, certainly among the largest and most profitable. They‘ve been called a …
Last summer I got out of Vancouver and toured northern BC. While the trip was mostly for pleasure, my inner economist could not resist some industrial tourism and visits to resource towns and major industrial sites that are the heart and soul of BC’s resource economy. Forestry dominates near Prince George, fishing at Prince Rupert, …
BC needs a lot of new affordable housing and any build out should ensure that it meets the highest standards for energy efficiency, including zero-carbon operations. Residential, commercial and institutional buildings produce 11% of BC’s GHG emissions, mainly from burning natural gas for heating and hot water. Updated building codes are needed to make the …