Economics

After four years of work, the fossil fuel divestment campaign at the University of Toronto met with President Meric Gertler today. He didn’t commit to anything, but the discussion was generally productive and encouraging. We are working on a Community Response to the divestment committee’s report, with a target of February 25th. We’re expecting President […]

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The presidential committee at the University of Toronto just recommended divestment! They lay out criteria for excluding stocks based on their climate change impact and “recommend… that the University of Toronto instruct its investment managers to divest immediately” from such holdings. They specifically identify ConocoPhillips, ExxonMobil, the Peabody Energy Corporation, Arch Coal Inc., Alpha Natural […]

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A bit of what I have seen online so far: Grand promises of Paris climate deal undermined by squalid retrenchments — George Monbiot James Hansen, father of climate change awareness, calls Paris talks ‘a fraud’ Why James Hansen is wrong on COP21 Paris climate deal: nearly 200 nations sign in end of fossil fuel era […]

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There’s a mass of news coverage and punditry about Alberta’s newly-announced pre-Paris climate change plan: Alberta’s climate change strategy targets carbon, coal, emissions Alberta gives the oilsands a climate change deal it can live with Alberta’s climate-change plan: Breaking down the numbers Alberta pitches a big-bang climate plan: With carbon taxes and phase-outs, the game […]

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350Canada.org has organized a four day direct action in Ottawa, calling on the new government of Justin Trudeau to commit to strong climate action before the UNFCCC negotiations in Paris later this month. I came over to take photos and learn more about how climate activism in Canada is developing.

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From today’s announcement from Barack Obama: Today, we’re continuing to lead by example. Because ultimately, if we’re going to prevent large parts of this Earth from becoming not only inhospitable but uninhabitable in our lifetimes, we’re going to have to keep some fossil fuels in the ground rather than burn them and release more dangerous […]

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I have a big set of photos up from the second fossil fuel divestment march at the University of Toronto. My very rough estimate is that 150-200 people took part. If someone has time, they can go through the group shot and count.

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Tomorrow, Toronto350.org and UofT350.org are holding our second march in support of fossil fuel divestment. The one we held back in November 2014 involved about 200 people. Right now, Toronto’s weather is pretty miserable. After today’s dentist appointment I swung by MEC to get a waterproof silicone cover to protect my backpack (better than my […]

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Now that he has been elected Prime Minister, Justin Trudeau is going to have to make some crucial decisions on climate: how much fossil fuel infrastructure he will allow (including for export); the degree to which he will promote zero-carbon energy; whether he will establish a price on carbon; how he will engage internationally; etc.

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The Guardian is reporting that global oil prices are at less than half of the cost of production in Saudi Arabia, contributing to a budget deficit of 20% of GDP. For the same reason raising fossil fuel prices with a carbon tax is expected to reduce demand, it can be expected that lower fossil fuel […]

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