Pipe Dreams: The risky bets behind Ottawa’s TMX purchase

The federal government’s decision, announced this morning, to purchase the existing Trans Mountain pipeline and the pipeline expansion project from Kinder Morgan for $4.5 billion is politically risky, economically perilous and, as we’ve said many times before, impossible to justify on environmental grounds. It all looks even worse when you…
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How badly does the world need oil? Introducing the Fossil Fuel Dependence Index

The production and consumption of oil, gas and coal has been one of the primary drivers of global growth and development for more than a century. Unfortunately—and ironically—those same fuels are now the greatest threat to our future wellbeing and prosperity. Fossil fuels are the main source of human-made greenhouse…
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Climate policy report card: how does your province measure up?

While governments in Canada are increasingly taking climate issues seriously, efforts to mitigate and adapt to climate change in Canada remain all over the map. Some governments are taking meaningful steps to reduce greenhouse gas emissions (GHGs) and build low-carbon economies, while others double down on environmentally-destructive resource extraction and…
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PBO lukewarm on CETA in new impact assessment

A new study from the Office of the Parliamentary Budget Officer confirms the Canada-EU Comprehensive Economic and Trade Agreement (CETA) offers only modest benefits for Canada and may come with significant costs. The PBO impact assessment acknowledges its limitations. Firstly, if you’re concerned about labour, the environment, domestic sovereignty, government…
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Canada-EU trade deal will result in job losses, lower wages, and worse inequality

In Europe this weekend over 100,000 people are expected to protest the proposed Canada-EU Comprehensive Economic and Trade Agreement (CETA). They are the latest in a series of massive, anti-free trade actions, including a 150,000-strong demonstration in Berlin last October. Earlier this month, German activists launched a constitutional challenge against…
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