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Wet’suwet’en Chief Madeek reacts with his middle finger to protest the Royal Bank of Canada’s funding of the Coastal GasLink pipeline and other fossil fuel investments in Toronto in April 2022. The United Nations climate change conference, COP27, has begun in Sharm el-Sheikh, Egypt. In the lead-up to the conference, UN Secretary General Antonio Guterres said the recent Intergovernmental Panel on Climate Change report revealed “a litany of broken climate promises” by governments and corporations. “It is a file of shame, cataloguing the empty pledges that put us firmly on track toward an unlivable world,” he said. Canada is high on the list of empty pledges. The government’s COP26 commitment to reduce carbon emissions by 40 to 45 per cent by 2030 — enacted by the Canadian Net-Zero Emissions Accountability Act — is not only seen as an inadequate target, it’s also been sharply criticized for lacking the necessary action to meet its commitments. That’s deservedly so, given its poor track record in meeting past targets. A report commissioned by the International Institute for Sustainable Development has found that high-income countries like Canada must cut oil and gas output by 74 per cent by 2030 and end production by […]
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