Setting the record straight on the day’s top anti-oil and gas media stories
ACTIVIST CLAIM: Queen’s Journal editorial board makes the claim that RBC doesn’t care about Indigenous people due to its investment in resource projects like Coastal GasLink.
THE FACTS: Funding resource projects help create economic opportunities in Indigenous communities.
- The Queen’s Journal Editorial board argues that highlighting Indigenous support for Coastal GasLink tokenizes Indigenous peoples. However, what is really tokenizing is foreign-funded activist groups claiming to represent Indigenous voices when many leaders in the community are calling it a form of Eco-Colonialism.
- RBC supporting projects like Coastal GasLink means supporting the 13,900+ Indigenous workers directly employed in the oil and gas industry.
- Coastal GasLink has provided a steady stream of employment for Indigenous people in the area. Since January 2020, CGL has employed over 350 Indigenous workers including the Wet’suwet’en.
- The project has also provided over $1 billion in employment and contract opportunities for Indigenous and local businesses.
- Banks investing in the Canadian oil and gas industry means they are investing in an industry that spends the most of any other industry on cleantech.
- CGL will transport the cleanest LNG in the world which can be 62% cleaner than Chinese coal power. .https://www.researchgate.net/publication/339467541_Greenhouse-gas_emissions_of_Canadian_liquefied_natural_gas_for_use_in_China_Comparison_and_synthesis_of_three_independent_life_cycle_assessments
Stories that get it right
In this article, oil and gas vet David Yager takes on the energy shortages and the unanticipated effects. Oil and gas have been crucial feedstock for increasing crop yields, but the calls for their demise present daunting challenges. Poverty and malnourishment are increasing. The UN’s Food and Agricultural Organization (FAO) reports that in 2020 the number of people classified as undernourished ranged from 720 million to 811 million. This is about 20 times the population of Canada. This is up sharply from 615 million in 2017.