While many bemoan the fate of the Teck Resources Frontier tarsands project as yet another example of restrictive regulatory measures, others, as the following letter from the print edition of the Toronto Star suggests, say its death makes perfect corporate sense. Free market now realizes carbon reserves best left alone
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The Disaffected Lib: Pipelines Are a Lousy Bet
From National Public Radio, NPR: A new report by an energy watchdog group says companies are betting over a trillion dollars in risky gas pipeline projects. Global Energy Monitor says these projects are hugely expensive – so the payback is over decades. Climate scientists say we need to stop burning
Continue readingPolitics and its Discontents: Vox Populi
While many will be fixated on the latest soap-opera installments that politics now regularly yields, such as the outrageous behaviour of Trump at the G6+1, or the strange elevation to power of Doug Ford in Ontario, others are not so easily diverted, as these letter-writers demonstrate: As an atmospheric physicist
Continue readingPolitics and its Discontents: Note To Justin
Because it is 2018, instead of buying leaky pipelines on the taxpayer’s dime, maybe you should enter the modern era and emulate China: Recommend this Post
Continue readingThe Disaffected Lib: Mark Carney Again Warns of Climate Change Induced Financial Collapse. Is Anyone Listening?
The former governor of the Bank of England said it. The current governor of the Bank of England is saying the same thing – to anyone who’ll listen. Mark Carney who recently left the top perch at the Bank of Canada to sit on the top perch of the Bank
Continue readingThe Disaffected Lib: Stephen Harper’s Oily Comeuppance
A Saudi prince once said that the Stone Age didn’t end because man ran out of stones. The Age of Oil may be headed for the same fate. A Goldman Sachs outlook suggests the price of crude oil will hover around $45 a barrel for the next year or so
Continue readingThe Disaffected Lib: While the Getting’s Good
The Bank of England’s warning is pretty clear – beware the Carbon Bubble. The bank is urging major insurance companies, top tier investors, to divest from fossil fuels, get out while the getting’s good. Insurance companies could suffer a “huge hit” if their investments in fossil fuel companies are rendered
Continue readingThe Disaffected Lib: Newsweek’s Obituary for the Athabasca Tar Sands
Is it time for the Barons of Bitumen to wave the white flag? That seems to be the case according to an article from the latest NewsWeek, “Keystone and the Riddle of the Tar Sands.” …some of Alberta’s crude has made its way to market, but so much slower than
Continue readingPolitical Eh-conomy: What’s the risk? Climate activism aiming at supply and demand
One way to think about climate activism is to see if it focuses on the supply of or demand for fossil fuels – pipelines or cars, hydrocarbons or carbon emissions. This distinction is not a new one, is doubtless very simplistic and has often been used to chastise activists. Here,
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