This is a news compilation setting the record straight on the day’s top stories about the oil and gas industry.
An anti-oil and gas foreign funded charity is challenging the inquiry into its foreign funding.
- Ecojustice has previously received foreign funding to participate in anti-tar sands campaigns.https://business.financialpost.com/opinion/vivian-krause-oil-sands-money-trail
- Another group called the Brainerd Foundation has bragged about investing in Ecojustice who “won a six-year battle to block the Trans Mountain Pipeline and succeeded in reforming the Canadian Environmental Protection Act to recognize every Canadian’s right to a healthy environment.”
(Other methods can do the same thing as a carbon tax)
Carbon taxes also hinder Canadian competitiveness.
- The Conference Board of Canada just released a report that details the effects of a carbon tax on the economy and emissions. They found that for every unit of Canadian production like primary metals that is shifted, net global emissions could increase around three-fold with a potential carbon leakage rate around 300%.
- 94,000 jobs and $21.1 billion are at risk, mainly in the Prairies and Atlantic Canada.