Big oil, big banks and environment leaders link up to solve climate crisis
The Energy Future Forum (EFF), which is organized by the Public Policy Forum, had its inaugural meeting Monday in Toronto.
Goldman Sachs won’t fund Arctic drilling and Canadian banks could be next | CBC News
In explaining its decision, Goldman Sachs acknowledged Indigenous people have used the land for centuries — but the decisions may also be financially motivated.
“Oil development in the Arctic Circle is prone to harsh operating conditions, sea ice, permafrost coverage, and potential impacts to critical natural habitats for endangered species,” the firm notes in its framework.
Nova Scotia defers decision on Northern Pulp proposal, asks for more information
Gordon Wilson says the province doesn’t have enough information to determine if the Northern Pulp project will harm the environment.
He says Northern Pulp’s proposal can’t move forward until the company files an environmental assessment report regarding its plan for a new effluent treatment plant and a 15-kilometre pipeline near Pictou, N.S.
Ottawa won’t do impact assessment on Northern Pulp effluent treatment plan | CBC News
On Monday, it was learned Wilson will have the final word on the matter after federal Environment Minister Jonathan Wilkinson announced he would not designate the project for a federal impact assessment.
“I am very much aware of concerns that have been raised related to the potential for adverse impacts from the project on marine life including a number of important questions raised by federal departments,” Wilkinson said in a statement.
“It is my expectation that outstanding questions and information gaps will be answered through the provincial environmental assessment process. Should these issues not be sufficiently dealt with through the provincial process, I remain committed to ensuring that they are thoroughly understood and addressed through federal regulatory processes.”
Crazy Days in Alberta: The Poison Wells File | The Tyee
“I very much believe the cleanup costs should be paid by the industry and the provinces who collected the oil royalty revenue and should have created a cleanup fund,” he said.