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This is a news compilation setting the record straight on the day’s top anti-oil and gas stories and providing research and facts to counter misinformation about the oil and gas industry.
Activists claim they’ve delayed Trans Mountain, but the company says it’s on track, which will bring jobs and boost the economy and could potentially lower global emissions.
Trans Mountain is going to help give a leg up to Indigenous groups and provide a host of economic benefits.
- Trans Mountain’s CEO says that they are still on track for their end of 2022 finish date regardless of issues from COVID and stunts by activists.
- Despite the alleged overwhelming opposition to the project by Indigenous communities, 120 out of the 129 communities support or do not oppose the project.
- As of February 2020, Trans Mountain has signed 58 benefits agreements with Indigenous communities worth over $500 million to drive job training, skills enhancement, and business opportunities.
- The Conference Board of Canada found that in the first 20 years of operation, the project is expected to bring $46.7 billion in government revenue. This will go to essential services like health care and education.
- In terms of climate benefits, Navius research found that Trans Mountain could potentially reduce global emissions by up to 1,600,000 tonnes.
Here are some stories that get it right, or mostly right.
For months the offshore oil and gas sector in Newfoundland has been getting beat up pretty bad. On Wednesday the 16th, workers rallied on the steps of the Confederation Building echoing cries for some kind of signal from the federal government that they will support workers. In May, letters to the Prime Minister have shown little result in the way of swaying support for the battered industry. While the provincial government supports the oil and gas industry, talks of a ‘Green’ recovery from within federal parliament might be bad news. Layoffs are increasing and if the federal government moves down a path towards a green recovery, it could spell disaster for over 20,000 people involved in some way with the industry.