New research released yesterday provides a compelling reason to stop and think about where your money is invested. The total potential liability of five oil and gas companies currently trading on the TSX (Toronto Stock Exchange)—EnCanada, Suncor, Canadian Natural Resources, Talisman, and Husky— finds these five companies could incur a global liability as high as $2.4 billion per year for their contribution to climate change. Canadian Centre for Policy Alternatives & West Coast Environmental Law Press Release (with links to the full report): bit.ly/ZzhvuL CBCNews article: bit.ly/ZzhCGG Rising levels of climate damage, increasing scientific evidence about the links between emissions and the damage they cause, and an emerging public debate about who is financially responsible for this damage, could change the situation very quickly.” Andrew Gage, Staff Counsel at West Coast Environmental Law. #divest #climatechange
Posted on: Sun, 23 Nov 2014 21:32:15 +0000
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