Category Archives: General
Major new pipelines and mines must show path to net zero to get approved
Leave a reply
Major new pipelines and mines must show path to net zero to get approvedMajor new pipelines and mines must show path to net zero to get approvedRead More
Ford is repaying health workers by stabbing them in the back.
It wasn’t long ago that politicians were lining up to give praise to health care workers. Indeed, these workers have been at the very front lines of this pandemic, seeing and experiencing firsthand the horrors of this disease.
In April, Doug Ford claimed it was the nurses and health care workers that deserved the accolades instead of himself. That’s all fine and well, but Ford’s actions don’t back up his words.
At the same time, the Ontario government was instituting emergency orders that eroded the workplace rights of health care workers. Unions objected, but their warnings were ignored. After months of sacrifice, health care workers are being rewarded with an even more brazen attack on their worker rights. A new bill being fast-tracked by Ford’s government will see health care workers stripped of “their vacation rights, their leave of absence rights, their seniority rights, [and] their health and safety rights.”
Source: Ford is repaying health workers by stabbing them in the back.
Since The Start of COVID19 Canada Has Spent $11.86 billion Supporting Fossil Fuel Energy
Since the beginning of the COVID19 pandemic in early 2020, Canada has committed at least USD 12.09 billion to supporting different energy types through new or amended policies, according to official government sources and other publicly available information. These public money commitments include:
- At least USD 10.05 billion for unconditional fossil fuels through 42 policies (15 policies with the value of support quantified and 27 policies with the value of support unquantified)
- At least USD 1.81 billion for conditional fossil fuels through 3 policies (2 policies with the value of support quantified and 1 policy with the value of support unquantified)
- At least USD 222.78 million for unconditional clean energy through 2 policies (2 policies with the value of support quantified)
- Some public money committed for conditional clean energy (1 policy with the value of public money unquantified)
- At least USD 12.45 million for other energy through 5 policies (1 policy with the value of support quantified and 4 policies with the value of support unquantified)
The world has changed. Why is Canada still in the pipeline business?
In the wake of COVID-19, the global oil industry is facing a comeuppance like never before. Analysts have called the oil market “officially broken”, predicting a wave of bankruptcies and an extended period of volatility. Big Oil is preparing its shareholders for the possibility that demand for oil will never return to pre-COVID levels. Industry is slashing its investment in the oil sands.
Major global agencies, from the International Monetary Fund to the International Energy Agency, have said investing post-pandemic stimulus funds into clean energy will deliver a greater financial return – not to mention some hope of averting the worst of the climate crisis – compared to propping up the dying fossil fuel industry.
Oil prices are highly unlikely to ever recover to the levels that would make TMX viable, and it’s painfully clear Canada has no control over those prices.
All this adds up to a boondoggle of epic proportions: an unnecessary pipeline, a project no private buyer will want and taxpayers left holding a multi-billion dollar bag. If the Trans Mountain expansion no longer makes economic sense, why is Canada still in the pipeline business?
Source: The world has changed. Why is Canada still in the pipeline business?