Banks investing in responsibly produced Canadian oil and gas means lower global environmental impacts – and support for the industry employing more Indigenous people per capita than any other.

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Setting the record straight on the day’s top anti-oil and gas media stories


ACTIVIST CLAIM: Foreign-funded Dogwood letter-writing campaign to Big Banks claims funding TMX is funding Indigenous rights violations and climate destruction.

THE FACTS:   Banks investing in responsibly produced Canadian oil and gas means lower global environmental impacts – and support for the industry employing more Indigenous people per capita than any other.

THE SOURCES:

Tell banks: don’t gamble on Trans Mountain


Here are some facts and sources to have a reasoned conversation about Trans Mountain:

 


Stories that get it right

Contrary to popular belief, oil and gas companies are typically quite advanced in their ESG strategies, as well as their research, development, and investment in green energy, according to Smith – a 25-year veteran of the oil and gas industry.

“What we’re seeing is that the majority of spending on green, clean, and renewable energy projects is coming from the large traditional energy companies,” Smith told Insurance Business. “They’ve either got joint ventures, or they’ve got ownership interests in a lot of producing assets that are in the alternative energy space.

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