Justin, he's all for the Tar Sands. Why, that's how Canada is going to have a green future. Why didn't he just tell us he's figured out how to turn lead into gold? That would be more plausible.
The latest in The Guardian is a report on how Justin's Bitumen Buddy, Donald Trump, has nurtured investment in "extreme" fossil fuels, a.k.a. Athabasca bitumen.
Bank holdings in “extreme” fossil fuels skyrocketed globally to $115bn during Donald Trump’s first year as US president, with holdings in tar sands oil more than doubling, a new report has found.
A sharp flight from fossil fuels investments after the Paris agreement was reversed last year with a return to energy sources dubbed “extreme” because of their contribution to global emissions. This included an 11% hike in funding for carbon-heavy tar sands, as well as Arctic and ultra-deepwater oil and coal.
US and Canadian banks led a race back into the unconventional energy sector following Trump’s promise to withdraw from Paris, with JPMorgan Chase increasing its coal funding by a factor of 21, and quadrupling its tar sands assets.
Chase’s $5.6bn surge in tar sands holdings added to nearly $47bn of gains for the industry last year, according to the report by NGOs including BankTrack, the Sierra Club and Rainforest Action Network (RAN).C'mon, you know that news is music to Justin and Rachel's black, black hearts. They've heard the warnings that increasing exploitation of this toxic sludge will be enough to guarantee runaway global warming but, hey, there's money to be made and somebody else does all the work.
When you cast your ballot next year and you reflect back on how Justin's Liberals acquitted themselves in their term as a solid majority government, and you think of those troubling questions such as the Saudi Death Wagon deal or all the broken promises, especially electoral reform, and you're still undecided, throw a handful of bitumen sludge on the scale. It won't tell you how to vote but it will greatly help you figure out how not to vote.