Tag Archives: tar sands

RBC flooded FF industry w billions over the last 5 years

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<<I felt betrayed.

It was a morning like any other at Greenpeace when I learned that my bank, RBC, had dumped $208 billion into the fossil fuel industry over the last five years. 

I couldn’t believe it. 

My bank’s shiny new net-zero goal had led me to think it was using its power to speed up the green energy transition when, all the while, it had been using my money to slow it down. And the worst part? RBC is just one of Canada’s big banks marketing itself as green, while funneling money into fossil fuel expansion.

Miss, to bring about a green energy transition, we need all hands on deck. That’s why Greenpeace is launching a campaign demanding that Canadian banks do their part in building a fossil-free future. We’re planning to expose their greenwashing narratives, draw attention to their dirty investment practices, and mobilize tens of thousands of supporters to speak out — all … Continue reading →

Thoughts on today and tomorrow

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Macdonald J E Stainsby 10:57pm Jan 18
Not a statement, but a thought on the denial of the Keystone XL permit. This was not Obama “getting it right”– this was Obama afraid of people power. As a result of the long term struggles of many groups– in particular the first nations being killed off in actual fact by tar sands developments and all of the infrastructure from gas lines that feed to pipelines that supply and refineries that develop in Ontario, the US and elsewhere– but also the real fear of an administration that has seen people in city after city and across the US *in the streets*, taking back their power in numbers not seen in decades, the real heroes are all of you who have participated in building resistance to KXL, climate change, tar sands and corporate plunder and even capitalism itself. You– not Obama– are to … Continue reading →

Gas prices will go up with new Keystone Pipeline

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Update 12 JAN: Hervorragende Richtigstellung in “The Ottawa Citizen“, numbers and all:

“If there were a global competition for the most brazen and preposterously transparent attempt by a ruling political party to change a necessary subject of national debate with alarmist distractions and hubbub, the Conservative escapade engineered in Ottawa these past few days really deserves some kind of grand prize.”

Read more: http://www.ottawacitizen.com/business/real+foreign+interests+oilsands/5981230/story.html#ixzz1jJFgpKPa

Update 11 JAN: The Toronto Star calls a Cabinet Minister using that rhetoric “nuts”. This passage contains a more realistic assessment: “The parody lies with the fact that Canada’s oil industry is dominated by multinationals. That means there will indeed be a lot of big-money foreign interests pushing the three-person federal review panel to okay a pipeline from Alberta’s oilsands to a tanker port at Kitimat on the British Columbia coast.

America’s Exxon Mobil, Britain’s BP, France’s Total E&P, China’s SinoCanada Petroleum … Continue reading →