Here are some points to counter the misguided idea of divestment.

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This is a news compilation setting the record straight on the day’s top anti-oil and gas stories and providing research and facts to counter misinformation about the oil and gas industry.

The University of Waterloo falls for misguided divestment movement campaign. 

The Facts:

Here are some points to counter the misguided idea of divestment.

  • Divesting from oil and gas producers will not change the need for growing energy demand will be increasing as the world population grows to 10 billion in 2050, especially for oil and gas in developing countries. What it will do is shift the suppliers of energy to countries that are more polluting, less transparent, less sensitive to societal pressures, and less committed to emissions reductions.

Here is a story that gets it right.

Protester convicted of intimidating Trans Mountain pipeline security guards

While every Canadian has to right to protest for causes they believe in, they do not have the right to harass or intimidate bystanders to achieve their goals. A B.C. court just re-affirmed this in a conviction of anti-TMX protestors who verbally assaulted security guards with homophobic slurs. They also belittled an Indigenous security guard calling her a “pathetic, poor, piss-poor Indian woman that needs money”.  This kind of behavior flies against basic human decency.

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