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Candace Elliott/Reuters
Trans Mountain Corp., a Canadian government corporation that operates an oil pipeline, has asked a regulator to keep the identities of its insurers private as environmental activists push them to drop coverage.
Activists have stepped up pressure on banks and insurers to drop financing and insurance for fossil fuel companies, leading to European companies like AXA and Zurich pulling back from underwriting coal and oil sands projects.
Federal advisory committee will consider Indigenous rights in new energy projects theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.
iPolitics By iPolitics. Published on Feb 22, 2021 12:59pm Oil tanker
(Photo: CC, Andrew M. Meyers, via Wikimedia Commons)
The Lead
Israel is currently looking for the ship responsible for an oil spill which caused tar to wash up on its Mediterranean shoreline. Nine ships were about 50 kilometres off Israel’s shore on Feb. 11 when the oil spill happened.
“There is a more than reasonable chance that we will be able to locate the specific ship,” the environmental protection minister, Gila Gamliel, told Ynet TV.
If responsibility is attributed, Israel could pursue legal action, in which one option includes suing “insurance companies for compensation to help deal with the ecological fallout.” The Guardian has more.
EDMONTON - The exponential growth of unpaid property taxes from Alberta's struggling oilpatch is threatening small communities and they need new ways to