This is a news compilation setting the record straight on the day’s top stories about the oil and gas industry.
Divesting from oil and gas investment does not help the environment.
- Billionaire and Microsoft co-founder Bill Gates notes that divestment has not done anything to reduce emissions and that people should be investing their money and energy behind the disruptive technologies that slow carbon emissions.https://www.ft.com/content/21009e1c-d8c9-11e9-8f9b-77216ebe1f17
- Oil and gas companies in Canada invest more than any other group in these disruptive technologies that are actively reducing emissions.
Should the Federal Government have sided with the hereditary chiefs and activists?
The protests and blockades only harmed the Indigenous groups wanting to support Coastal GasLink, and other projects.
- According to former Chief and current MLA Ellis Ross, the protesters and activists who have bombarded Canadians with inflammatory comments and actions in turn set back genuine efforts at reconciliation.https://energynow.ca/2020/03/comment-last-thing-first-nations-need-is-foreign-groups-hijacking-our-future/
- Groups like the National Coalition of Chiefs see resource development as means to eliminate on-reserve poverty. The Indigenous communities along Coastal GasLink’s route will receive $2 Billion in employment and business contracts.
Here are some stories that get it right, or mostly right
Elected Chiefs, pipeline supporters are being left out.
- Female hereditary chiefs who began to support Coastal GasLink had their hereditary titles stripped and bestowed on male counterparts who oppose the project.
- A hereditary chief who had previously been silent on the blockades and protests has come out in favour of the natural gas pipeline.