This is a news compilation setting the record straight on the day’s top stories about the oil and gas industry.
Shifting oil and gas production from Canada won’t reduce investment and could increase emissions.
- With rising demand globally, reducing investment in the private sector could see state-owned companies increasing production and many of these countries have appalling human rights records.https://www.capp.ca/energy/world-energy-needs/
- When this happens, carbon leakage can occur. This shift’s production to other jurisdictions that do not have a comparative advantage in carbon and can lead to an increase in global emissions.
Calgarians rally on Reconciliation Bridge in solidarity with Wet’suwet’en land supporters
Despite massive Indigenous support for Coastal GasLink, protestors delegitimize economic reconciliation.
- All 20 elected Indigenous communities along Coastal GasLink’s path have signed benefits agreements, including the Wet’suwet’en.https://bc.ctvnews.ca/a-look-at-the-coastal-gaslink-pipeline-and-its-history-1.4806805?cache=yesclipId104062%3FclipId%3D89925
- The Coastal GasLink team has had over 15,000 interactions and engagements with Indigenous communities along the proposed pipeline route, and over one-third of all the work completed on the project has been conducted by Indigenous people.
Here are some stories that get it right, or mostly right
‘Borderline insulting’: Indigenous group could launch unprecedented challenge if Ottawa rejects Frontier
The Federal Government’s flip-flopping on Teck is starting to wear Indigenous patience.
- Instead of approving the project with the consent and consultation of Indigenous communities, the government is now debating to reject the project without the consent of the impacted communities.https://globalnews.ca/news/4418485/trans-mountain-pipeline-quashed-federal-court/
- This project is expected to bring thousands of jobs over its construction and lifetime to these remote communities.https://edmontonjournal.com/opinion/columnists/opinion-teck-mine-would-share-benefits-with-indigenous-communities
Indigenous groups want it for economic opportunity and poverty reduction.
- There are at least 3 Indigenous groups looking to purchase stakes in the Trans Mountain pipeline.https://www.theglobeandmail.com/business/article-indigenous-group-leader-says-it-is-planning-to-buy-majority-stake-in/
- 120 out of 129 Indigenous communities either support or are not against the pipeline and Trans Mountain has signed agreements with 58 of them so far.