Report: Big Banks Complicit in Massive Tar Sands Destruction and Pollution Through Hundreds of Billions in Financing

November 2, 2017By Adam ScottBlog Post, Featured, News, Press Releases

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.

A fading future for the tar sands

March 10, 2017By Adam ScottBlog Post, Featured, News

Oil majors are dumping Canada’s tar sands assets and investors are walking away from new projects. It’s the latest sign that the massive expansion the industry planned at the start of this decade is quickly falling apart. Canada’s status as one of the highest cost, highest carbon sources of oil is hurting the industry and … Read More