Posts by Adam Scott
- A remarkable thing just happened in Canada’s oil patch. Tar sands producers have actually started to cut oil production in the face of growing pipeline constraints. It’s a small but concrete demonstration of the link between new transportation infrastructure like pipelines and climate pollution. It’s also a hint at how the wider oil and gas...
Continue reading 'Lessons Learned? Tar Sands Producers Move to Cut Production'.
- What does it say about the prospects for multi-billion dollar tar sands oil pipelines, that a national government felt the need to buy a project outright in order to try to save it? When Canadian Prime Minister Justin Trudeau decided to buy-out a failing tar sands pipeline from texas-based Kinder Morgan last month, it exposed...
Continue reading 'What Canada’s Pipeline Purchase Means for Line 3 and KXL'.
- 288 major investors worth more than $26 trillion USD in assets are warning that we aren’t on track to meet the goals of the Paris Agreement and lack the tools needed to get there. In a public statement and policy brief released yesterday, the group which includes major pension funds, banks, asset managers, churches,...
Continue reading 'Major Investors Call for Paris-Aligned Energy Scenarios'.
- “It’s not surprising that Kinder Morgan – successor to fraud-plagued Enron – wants to unload this boondoggle onto taxpayers. What’s surprising and disappointing is that Canada fell for it.”
- Trudeau may finally reveal today the true extent of the stranglehold that Canada’s oil and gas industry has over his government.
- "When even Enbridge is calling this a subsidy, you know Alberta’s XL bailout is another desperate attempt at a lifeline for a pipeline that will never be built. Keystone XL would be a disaster for the climate, and watching governments bend over backwards to be a part of that is heartbreaking in a year where you could barely catch your breath between climate disasters."
- “The IEA must help the world plan for success in reaching the Paris goals. That can’t happen until a real climate scenario forms the heart of World Energy Outlook.”
- There’s a battle taking place over how we think our energy future will unfold. And tomorrow, the organization that arguably holds a near monopoly over how most decision-makers perceive this future – the International Energy Agency (IEA) – will release its latest volley.
- According to a new report released today by Rainforest Action Network, Oil Change International, and 10 organizations from around the world, commercial banks continue to finance the tar sands sector at levels that do not align with the Paris Agreement 1.5° to 2° target – and finance levels are surging in 2017.
Report: Big Banks Complicit in Massive Tar Sands Destruction and Pollution Through Hundreds of Billions in FinancingAccording to a new report released today by Rainforest Action Network, Oil Change International, and 10 organizations from around the world, commercial banks continue to finance the tar sands sector at levels that do not align with the Paris Agreement 1.5° to 2° target – and finance levels are surging in 2017.
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