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Next Economy: The Coming ‘Age of Stagnation’
Next Economy: The Coming ‘Age of Stagnation’ Author Satyajit Das kicks off Tyee series on global capitalism’s crisis. Satyajit Das: Having worked in financial markets for three decades, Das sees a global economy ‘in peril.’ [Editor’s note: What kind of future will we inhabit? Many thinkers say we’re moving toward automated job scarcity, digital sharing […]
Justin Trudeau: Just Another Quantum Politician?
Justin Trudeau: Just Another Quantum Politician? Like many other world leaders, PM shows how to be true and false at the same time. Cartoon by Greg Perry. It was great theatre: The good-looking Canadian prime minister, standing before a blackboard full of equations, taking a spitball question about quantum computing and belting it out of the park. […]
The Year the Oil Bubble Burst
The Year the Oil Bubble Burst As companies are forced to slash value of reserves, industry faces a grim new future. The days of artificially inflated oil prices might be over forever. Teardrop image via Shutterstock. Are we witnessing the beginning of the end for the oil industry? It’s reporting season in the financial world and like […]
Why Pandemics Are Our Own Damn Fault
Why Pandemics Are Our Own Damn Fault A review of Sonia Shah’s brilliant new book on 21st century disease threats we all face. Science writer Sonia Shah’s new book ‘Pandemic’ offers a critical warning. Photo by Glenford Nunez. An American science journalist, Sonia Shah has published earlier books on malaria and the testing of pharmaceuticals […]
US States Team Up to Nail Big Oil for Climate ‘Fraud’
US States Team Up to Nail Big Oil for Climate ‘Fraud’ Legal experts say oil companies could face billions of dollars in liabilities. New York Attorney General Eric Schneiderman a press event Tuesday to announce a multi-state legal probe into climate denial. At left is former US vice president Al Gore. Photo provided by the […]
Fracking Contaminates Groundwater: Stanford Study
Fracking Contaminates Groundwater: Stanford Study Another scientific report finds evidence of industry’s impact on public resource. Drilling photo via Shutterstock. Another scientific study has confirmed that fracking, the controversial technology that blasts apart low-grade rocks containing molecules of hydrocarbons, can contaminate groundwater. “We have, for the first time, demonstrated impact to Underground Sources of Drinking Water (USDW) as […]
What Do Canadians Think about TPP? US Might Not Care
What Do Canadians Think about TPP? US Might Not Care American demands would likely trump our concerns about mega trade deal. The Liberal government has launched a much-anticipated public consultation on the TPP. But will it matter? arindambanerjee / Shutterstock.com. The Trans Pacific Partnership, a massive trade deal that covers 40 per cent of the world’s GDP, has […]
Jeff Rubin: Oil Sands Are ‘Hemorrhaging Red Ink,’ Doomed to Shutter
Jeff Rubin: Oil Sands Are ‘Hemorrhaging Red Ink,’ Doomed to Shutter Former CIBC chief economist outlines latest predictions at ‘Carbon Talks.’ Former CIBC world markets economist Jeff Rubin at SFU’s ‘Carbon Talks’ panel. On the right is Vancity’s mutual fund manager Dermot Foley. Photo by Mychaylo Prystupa. The oil sands are downsizing. Alberta’s Big Oil CEOs […]
Four More Whoppers about LNG in British Columbia
Four More Whoppers about LNG in British Columbia The real facts behind Christy Clark’s rosy claims. BC Premier Christy Clark: a million-dollar website to drum up LNG jobs, but not a single job yet. The B.C. budget claims the province is making money from shale gas. But last month The Tyee showed the province is pouring more […]
Naomi Klein: ‘We Face a Series of Radical Options’
Naomi Klein: ‘We Face a Series of Radical Options’ An exclusive Tyee preview of Klein’s sold-out climate talk in Vancouver. Naomi Klein: ‘Steady as she goes’ is not an option. For anyone with even a passing knowledge of climate change, Naomi Klein needs no introduction. Her 2014 bestseller This Changes Everything was described as “the most momentous […]
Forget the Praise: BC’s Carbon Tax Is a Failure
Forget the Praise: BC’s Carbon Tax Is a Failure Higher emissions, slow growth, regressive taxation. Sorry, what’s to celebrate? ‘We think in British Columbia a carbon tax is a really successful way to go,’ BC’s premier said last year. The only problem is it doesn’t work. Photo of Premier Clark at GLOBE 2016 by Mychaylo […]
Three Wacky Accounting Numbers for LNG and Shale Gas
Three Wacky Accounting Numbers for LNG and Shale Gas Close read of BC’s budget shows realities of this subsidized industry boondoggle. Three things don’t add up in the British Columbia budget when it comes to declining revenues from the battered shale gas industry and its non-existent cousin, the province’s liquefied natural gas fantasy. The first […]
As Hydro Rates Climb, an Idea to Reduce Bills for Low-income Folks
As Hydro Rates Climb, an Idea to Reduce Bills for Low-income Folks Advocates pitch affordability program, but minister insists rates are modest. ‘Most other jurisdictions in North America have bill affordability programs. We don’t.’ Bill photo via Shutterstock. With electricity rates continuing to spiral upwards, an advocacy organization is pushing to have BC Hydro adopt measures to […]
European Ban on Saudi Arms Sales Bolsters Foes of Canadian Deal
European Ban on Saudi Arms Sales Bolsters Foes of Canadian Deal Move puts pressure on government to justify $15-billion contract, says Amnesty. The Saudi National Guard tweeted this photo of armoured vehicles moving to the Yemeni border in November 2015. An anonymous source told the Globe and Mail they were made in Canada. A move […]
