Read the latest insights and analysis from the experts at Oil Change International.
Yesterday, the High Court in London ruled that highly controversial plans for a third runway at Heathrow airport were “illegal”, due to the fact that the British Government had not adequately taken climate change into account when approving the runway.
The Norwegian company, Equinor, has announced it was abandoning plans to drill for oil in the highly ecologically sensitive, Great Australian Bight, which has been a battleground between conservationists and the industry for years.
This is what climate momentum looks like. Teck Resources has just withdrawn its C$20 billion application to build what was the largest ever tar sands mine in northern Alberta.
According to the Star newspaper, a federal Canadian corporation might lend money to support the highly controversial Coastal GasLink pipeline, with a decision expected next week.
What is Trudeau willing to do? He has a choice. He can carry on the fossil fuel economy, and bludgeon First Nations rights in the process or he can de-escalate, de-carbonise and de-colonise.
This is the first time ever that the 20 degrees barrier has been broken on the continent. "We'd never seen a temperature this high in Antarctica," says Brazilian scientist Carlos Schaefer.
You cannot bludgeon, beat, intimidate, and drag people in the name of prosperity and progress. You cannot use the same brutal violence akin to war, while at the same time speak soft soothing words of reconciliation or peace.
Canada may be helping put out the flames in Australia, but back home Trudeau is setting light to our climate.
According to the Financial Times "Around $900bn – or one-third of the current value of big oil and gas companies – would evaporate if governments more aggressively attempted to restrict the rise in temperatures to 1.5C above pre-industrial levels for the rest of this century.”
