For Immediate Release, December 15, 2020
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500 Groups Urge Biden to Order Fossil Fuel Leasing Ban
Proposed Executive Order Could Be Implemented Immediately by New Interior Secretary
WASHINGTON Hundreds of conservation, Native American, religious and business groups today sent President-elect Joe Biden text for a proposed executive order to ban new fossil fuel leasing and permitting on federal public lands and waters.
Biden promised during the campaign that he would stop new leasing and permitting activities on his first day in office. The executive order highlighted in today’s letter from 574 organizations outlines the steps needed for the next Interior Secretary to implement the president’s directive.
Entitled
Five Years Lost: How Finance Is Blowing the Paris Carbon Budget (pdf), the report was coordinated by Germany-based environmental and human rights group Urgewald, with the participation of organizations including Rainforest Action Network, Friends of the Earth USA, Oil Change International, Re:Common, and Reclaim Finance.
The new paper details a dozen of the most devastating fossil fuel projects around the world, which together would use up fully three-quarters of the total remaining carbon budget, based on the Paris accord’s goal of limiting global warming to 1.5°C.
Furthermore, the report exposes the banks and investors that are financing leading fossil fuel companies, as well as the environmental and social costs associated with their projects. These include violation of Indigenous rights, negative health impacts, human rights violations, and expected CO2 emissions caused by each of the projects.
How Banks and Financial Firms Gambling Away Our Future by Bankrolling Oil and Gas Projects The only reasonable decision for investors redgreenandblue.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from redgreenandblue.org Daily Mail and Mail on Sunday newspapers.
Scotiabank becomes fifth major Canadian bank to refuse to fund oil drilling in Arctic refuge
SYNDICATED 4 months ago Scotiabank is the fifth bank in Canada to publicly refuse to bankroll industrial development in Alaska’s Arctic National Wildlife Refuge, the institution announced in a new policy released Monday. “Scotiabank will not provide direct financing or project-specific financial and advisory services for activities that are directly related to the exploration, development or production of oil and gas within the Arctic Circle, including the Arctic National Wildlife Refuge,” the bank said in a statement. Scotiabank joins the rest of Canada’s major financial institutions, including Royal Bank of Canada (RBC), Toronto Dominion (TD), Bank of Montreal (BMO) and Canadian Imperial Bank of Commerce (CIBC), in vowing not finance development in a roughly 1.6 million-acre oil-rich parcel of the refuge known as the coastal plain. The largest national wildlife refuge in the U
Share Wa’xaid Cecil Paul passed away on Dec. 3, leaving a legacy that includes the preservation of 325,000 hectares of coastal temperate rainforest in the Kitlope River valley near Kitimat, B.C. Photo: Callum Gunn
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‘Hero of the planet’: remembering the life and legacy of Wa’xaid Cecil Paul
The Xenaksiala Elder survived residential school and went on to lead the battle to protect B.C.’s Kitlope valley with quiet conviction 13 min read
Wa is ‘the river;’
Wa’xaid Cecil Paul, a Xenaksiala Elder, always introduced himself this way.
He was 90 years old when he passed away on Dec. 3.