The longer prices stay at these nosebleed levels, the more likely it is that consumers, businesses, industry and even entire countries will look to find alternatives, writes columnist Max Fawcett.
As far as activists are concerned, key investment numbers tell the story of a Canadian banking sector that says one thing publicly but continues to invest in fossil fuels away from the spotlight.
During the first half of 2021, RBC has been the target of a public pressure campaign spanning from coast to coast — with customers, shareholders, and employees calling on the “worst fossil bank” in Canada to stop financing fossil fuels.
“Canada has one of the most emissions-intensive economies in the world,” and achieving net zero by 2050 will “require a major transformation of Canada’s energy system, including a deep decarbonization of energy production and use,” wrote a senior bureaucrat in a memo to the deputy minister.
Where does the Conservative Party of Canada go from here? How can Canadians put their trust in a political party that denies "climate change is real?" asks Gerald Kutney.
A judge has ruled that the University of Regina must provide information to one of its professors about who is funding research into the oil and gas industry.
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