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Canada’s biggest public pension plans still banking on fossil fuels
VANCOUVER — The world’s leading authority on climate change says we are headed for catastrophe unless emissions are slashed quickly. Yet, two of Canada’s biggest public pension plans are still banking on fossil fuels, a new Corporate Mapping Project report shows. The Canada Pension Plan Investment Board (CPPIB) and the Caisse de dépôt et placement du …
CPP oil investments on the rise
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, …
Regime of Obstruction: Book Excerpt
The Book Publishers Association of Alberta awarded Regime of Obstruction: How Corporate Power Blocks Energy Democracy the Scholarly & Academic Book of the Year award at the Alberta Book Publishing Awards in September 2022. Edited by William K. Carroll Athabasca University Press The book is available for purchase, free PDF download and free online reading. …
Not Well Spent: A review of $1-billion federal funding to clean up Alberta’s inactive oil and gas wells
A new report “Not Well Spent: A review of $1-billion federal funding to clean up Alberta’s inactive oil and gas wells” by the Parkland Institute and Oxfam Canada exposes how $1 billion in federal COVID-19 emergency funding transferred to the Alberta government is failing to achieve its intended social and environmental objectives. There are hundreds …
Federal COVID-19 Funding to Alberta’s Oil Patch “Not Well Spent”
EDMONTON and OTTAWA –– A new report by the Parkland Institute and Oxfam Canada exposes how $1 billion in federal COVID-19 emergency funding transferred to the Alberta government is failing to achieve its intended social and environmental objectives. When funding to clean up orphaned and abandoned oil wells in Western Canada was announced in April …
Regime of Obstruction: How Corporate Power Blocks Energy Democracy
The Book Publishers Association of Alberta awarded Regime of Obstruction: How Corporate Power Blocks Energy Democracy the Scholarly & Academic Book of the Year award at the Alberta Book Publishing Awards in September 2022. The book is available for purchase, free PDF download and free online reading. From the publisher Rapidly rising carbon emissions from …
Net zero emissions: muddying the waters or real solutions?
VANCOUVER – Increasingly, government and industry talk about “net zero” when it comes to emissions reduction targets. But what does this really mean? Reducing emissions to zero is a clear concept, but “net zero” muddies the waters in that some greenhouse gas or carbon emissions are permitted as long as they are balanced by “negative …
Dangerous Distractions: Canada’s carbon emissions and the pathway to net zero
Reducing emissions to zero is a clear concept, but “net zero” muddies the waters in that some greenhouse gas or carbon emissions are permitted as long as they are balanced by “negative emissions” or carbon removals through nature or engineered solutions. Reducing fossil fuel emissions and increasing carbon removals are the two objectives of net …
Canada’s Carbon Conundrum and the Difficult Path Forward
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 …
Canada’s Carbon Conundrum and the Difficult Path Forward
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 …
Canada’s emissions increase greatest in G7 since Paris: New report shows jobs and royalties declining with emissions rise
VANCOUVER – A stark change in direction is needed if Canada is to meet its emissions-reduction targets, says a new report by veteran earth scientist David Hughes. Going into the G7 Summit later this month, Canada and the US are the only G7 countries that have not reduced emissions since signing the 2016 Paris Accord. …
Canada’s Energy Sector
Status, evolution, revenue, employment, production forecasts, emissions and implications for emissions reduction Instead of decreasing, Canada’s oil and gas sector is increasing production, which alone will cause Canada to exceed its Paris Agreement and Bill C-12 “net zero” targets, this new report by veteran earth scientist David Hughes finds. Not only is production increasing, the …