With just over a week to go until the May 31 deadline set by Kinder Morgan for the Canadian Government to resolve all financial and political issues surrounding its highly controversial Trans Mountain pipeline, some 236 civil society groups from 44 countries have today written to Justin Trudeau to tell him to drop his support for the project.
Canada
236 International Orgs Call on Trudeau to Quit Support for Kinder Morgan
Today, an open letter signed by 236 international civil society organizations in 44 countries called on Canadian Prime Minister Justin Trudeau to stop backing the Kinder Morgan tar sands pipeline project and begin planning for a managed decline of fossil fuel production.
Letter: 230+ Groups to Justin Trudeau – Climate Leadership Means Saying No to Pipelines
Over 230 civil society groups from 44 countries released an open letter being sent to Canadian Prime Minister Justin Trudeau, urging him to reject the pipeline and instead begin planning for a managed decline of fossil fuel production and a just transition for workers and impacted communities.
Fund managers recognise “imminent risks posed to fossil fuel investments from climate change”
“The fund management sector recognises the imminent risks posed to fossil fuel investments from climate change and the transition toward a zero-carbon economy”
Kinder Morgan: Trans Mountain Pipeline Expansion May Now be “Untenable”
As Big Oil’s new poster boy, Canadian Prime Minister, Justin Trudeau, scrabbles around for investors for Kinder Morgan’s Trans Mountain pipeline, extra finance may not be enough to save the controversial pipeline.
Trudeau Morphs From Clean Poster Boy into Dirty Oil Polluter
As the world tries to wean itself off its oil addiction, one nation walks the other way. As many countries try and stop fossil fuel subsidies, one country is scrabbling around to secure finance for a dirty energy pipeline.
Ready, set, go!
New Zealand joins the growing club of first movers tackling fossil fuel production! Who will be next? New Zealand joined a growing list of countries yesterday in announcing an end to fossil fuel exploration for the sake of the climate: Costa Rica, Ireland, France, and Belize are all working on plans to manage the decline of … Read More
Controversial Kinder Morgan Pipeline Now on “Life Support”
On Sunday, Kinder Morgan sent shock waves across Canada and the oil industry when it announced it was “suspending all non-essential activities and related spending on the Trans Mountain Expansion Project”, until at least the end of May.
Report Finds Major Banks Ramped Up Fossil Fuel Financing to $115 Billion in 2017
The report finds that major private banks funneled $115 billion into extreme fossil fuels in 2017, an increase of 11% from 2016. The single biggest driver of the increase in financing came from the tar sands sector, where financing grew by 111% from 2016 to 2017.
Banking on Climate Change: Fossil Fuel Finance Report Card 2018
Rainforest Action Network, Oil Change International, Indigenous Environmental Network, Honor the Earth, BankTrack, and Sierra Club with 350.org, 350 Eugene, 350 Seattle, Amazon Watch, Asia Pacific Forum on Women, Law and Development, Bank Information Center, Bold Alliance, Carrizo/Comecrudo Tribe of Texas, Catskill Mountainkeeper, CEE Bankwatch, Center for Sustainable Economy, CHANGE, Christian Aid, Citizens Against LNG, … Read More