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Articles on Fossil fuels

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Gas prices usually rise heading into long weekends. The reasons behind wild oil price fluctuations, reflected at the pumps, is about a lot more than economics. THE CANADIAN PRESS/Jonathan Hayward

Understanding the rollercoaster ride of oil prices

Oil prices have little to do with supply or demand or even economic forces. Instead, it’s all about politics.
Demonstrators protest the Trans Mountain pipeline expansion – and compare Justin Trudeau to Donald Trump – at a gathering in Vancouver on May 29, 2018. The controversy over the pipeline requires a national compromise. THE CANADIAN PRESS/Darryl Dyck

Canadians deserve a real pipeline compromise

The Trans Mountain Pipeline Expansion is fast becoming one of the most divisive issues in Canadian politics in years. Here’s how a compromise can be reached.
A aerial view of Kinder Morgan’s Trans Mountain marine terminal, in Burnaby, B.C., is shown on Tues., May 29, 2018. (Jonathan Hayward/THE CANADIAN PRESS)

Canada’s Paris-pipeline paradox

Canada wants to move towards a green economy and meet its Paris Agreement targets, but it has also just taken ownership of a pipeline. How can the federal government deal with this paradox?
Suncor’s plant in the oilsands in Fort McMurray Alta. Divesting in fossil fuels can not only help combat climate change, but can also increase investors’ returns, according to a new analysis. THE CANADIAN PRESS/Jason Franson

Want a richer pension? Divest of fossil fuels

A recent study suggests that divesting in fossil fuels not only allows investors to address their climate change concerns, it also reduces financial risks and increases financial returns.
The New Zealand government is introducing legislation to become zero-carbon by 2050, but will consider new permits for coal mining, offshore oil drilling and fracking on a case-by-case basis. from shutter stock.com

Why New Zealand should not explore for more natural gas reserves

Natural gas is touted as a “bridging fuel” to displace coal while moving to a low-carbon economy. In New Zealand, this is shortsighted and could lead to stranded assets and hold back renewables.
Puerto Rico’s power utility, PREPA, has been decimated by years of scarcity and bad management. But will privatizing it really turn the lights back on for Puerto Ricans? AP Photo/Carlos Giusti

Why privatizing Puerto Rico’s power grid won’t solve its energy problems

Many Puerto Ricans are happy to see their broke power utility sold off to whoever can get the lights turned back on. But privatizing the island’s energy grid may bring more problems than relief.

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