Responsible resource production and protection of the public requires insurance; We repeatedly see Stand.Earth claim indigenous rights are being violated as a way to incite anger towards resource projects, instead of respectfully allowing indigenous communities to speak for themselves

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

ACTIVIST CLAIM: Foreign funded ENGO Stand.Earth harrasses AIG with misleading statements to stop insuring responsible oil and gas production.

THE FACTS: Responsible resource production and protection of the public requires insurance; We repeatedly see Stand.Earth claim indigenous rights are being violated as a way to incite anger towards resource projects, instead of respectfully allowing indigenous communities to speak for themselves.

THE SOURCES:

AIG must stop insuring and divest from fossil fuels (stand.earth)


Here’s some facts and sources to have a reasoned conversation about responsible insurance for oil and gas projects, and the need to respect an independent indigenous community’s ability to make business decisions:

  • By not insuring Canadian oil and gas projects, the global energy supply will shift to countries that are more polluting, less transparent, less sensitive to societal pressures, and less committed to emissions reductions. Divesting from best in the world Canadian oil and gas is bad for the planet.
    https://www.investnow.org/divestment-vs-investment/ 
  • The email pushes for AIG to divest from insuring Trans Mountain. The reality is oil and gas demand is growing in non-OECD developing countries according to OPEC. Studies show Canada can provide the best in the world oil and gas to these countries, and fight the global problem of emissions by producing resources domestically.

    http://www.naviusresearch.com/publications/reversing-carbon-leakage/

  • Activists continue to use problematic claims about indigenous rights to prop up unrelated arguments. This can be seen when looking at activist claims about Coastal Gas Link. Activists fail to highlight that 100% of elected First Nation councils support the project and have signed benefits agreements for their communities, and these elected officials deserve dignity and respect. It is not the place of activist groups or industry to comment on the internal decisions made within an independent community, but to accept that they are capable of making responsible business decisions without interference or judement.
    https://www.coastalgaslink.com/sustainability/indigenous-relations/


Stories that get it right

IEA says Canada can be a key global oil supplier if emissions promises kept – MINING.COM

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