Showing posts with label Friends of the Earth. Show all posts
Showing posts with label Friends of the Earth. Show all posts

8 Nov 2016

I'll bet you didn't know you own billions of dollars in coal stocks

Sometimes huge issues just slide along under the radar until, all of a sudden, they blow up. The shock can come from a brown envelope slid under a door, a “scoop” in the media, or an opposition politician discovering a serious failure in government.

I’m waiting for an explosion to occur at the Canada Pension Plan Investment Board. This organization has assets of $287-billion and provides pensions for the 19-million Canadians who pay into it.

The Investment Board is dangerously gambling and putting our future in danger by investing billions-of-dollars in risky fossil fuel companies. Moreover, the Board is knee deep in unethical investments in the coal industry.

Coal sludge from a North Carolina site mined by Duke Energy.

The collapse of a huge cooling pond dam at a coal mine in North Carolina during Hurricane Matthew last month didn’t cause a stir in Canada, but it should have. The facility in question is owned by Duke Energy – perhaps the most vilified energy company in the United States – and the Pension Fund Investment Board is heavily invested in Duke.

Earlier, a Duke pond leaked dirty effluent into a North Carolina river.  The company paid a $102-million fine continues to face numerous law suits while it is involved in a $3-billion clean-up. The loss had an impact on the Canadian investments.

25 Oct 2016

Young activists win 'badge of honour' with civil disobedience in Ottawa

Ninety-nine young environmental activists achieved their goal on Parliament Hill on Monday by carrying out acts of civil disobedience. The boisterous group climbed over restricted-area police barricades near the Peace Tower.

Those arrested were part of a group of 200 protesting the possible construction of the Alberta to B.C. Kinder Morgan Trans Mountain pipeline.

Some carried a giant banner reading: “Climate Leaders Don’t Build Pipelines.”

The 99 arrested were taken to a police station where they were issued citations and told not to appear on Parliament Hill for three months. They will not have criminal records, but police took their personal information. It’s unclear whether the information will go into a police database.

Protest spokeswoman Amanda Harvey-Sanchez, a third-year University of Toronto student, told media that pipeline approvals are a deal-breaker for many younger voters who helped propel the Trudeau Liberals to a majority government in last October’s general election.

One of the 99 protesters arrested in Ottawa. 
Fully intent on breaking the law, many of the 200 protesters on the Hill had been schooled in what they should and should not do during their law-breaking task. Called Climate 101, the protest was specifically for young people. It was organized by 350.org, a leading climate change fighting group.

Facing protesters on Parliament Hill is a routing activity for police – some 25,000 people were on the Hill a year ago to oppose climate change.  http://ottawa.ctvnews.ca/organizers-say-over-25-000-at-ottawa-rally-for-climate-change-1.2679364

But for most of those arrested, Monday’s experience was their first brush with the law. When police officers placed a hand on their shoulder, there is no doubt their stomachs were churning.

However, it’s likely that many of those arrested will be ready to take part in future aggressive actions to protect the environment and slow climate change. They’re angry that the battle to slow global warming is being lost.

They don’t trust Trudeau 


First of all, environmentalists do not trust the Trudeau government to do the right thing and stop approving fossil fuel related projects. A go-ahead for Kinder Morgan is their biggest fear.

25 Jun 2013

Corporate money preventing all-out
campaign to stop global warming

Highly-regarded former Toronto Mayor David Miller says he is "very excited" about becoming the new President and CEO of the World Wildlife Fund-Canada in September.

"They've made such a difference," Miller told The Toronto Star, "and to be part of an organization that knows how to make real change is a unique opportunity."

But there are questions about whether the WWF is effective in its work and, moreover, why the WWF and other members of the global environmental movement have made such little progress combatting the most serious threat to earth - climate change.

The magnitude of the crisis facing humankind cannot be overstated. More than 400,000 people are dying each year, and, a confidential report from the United Nations said that three years ago corporations caused $2.2-trillion damage to the environment.