Canada's oil sands: unsafe, unsustainable, uneconomic

Learn strategies to divest from the Alberta oil sands, and reinvest in an environmentally friendly way: all while getting a good return on your investments.

On the 17th of June 2019, the Canadian Government declared a climate emergency.
How we deal with this emergency is up to all Canadians, not only our Government.

What are the Alberta Oil Sands? Find out more.

Learn why divesting from oil sands is economically sensible: read the economic case.

Strategic approaches to divestment for investors and fund managers.

Is divestment right for you? Read reports, research & case studies.

Campaigns:

Keep up to date with campaigns that focus on divestment from the oil sands.

Divestment Timeline:

Find a growing list of major financial institutions that have divested from oil sands or the fossil fuel industry entirely.

Case Studies:

If you have divested, or have thoughts about divestment, please tell us about your experience.

LATEST NEWS

BCI misses opportunity for climate leadership with disappointing 2022 Climate Action Plan

The following is a statement published by Shift Action for Pension Wealth & Planet Health on November 24, 2022. Toronto, ON | Traditional territories of the Huron-Wendat, Anishnaabeg, Haudenosaunee, Chippewas and Mississaugas of the Credit First Nation – Beneficiaries of BC’s public pension plans who have been waiting over four years for the British Columbia…

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Statement on IMCO’s new Climate Action Plan and commitment to phase out investment in new fossil fuels

The following is a statement published by Shift Action for Pension Wealth & Planet Health on November 21, 2022. Toronto, ON | Traditional territories of the Huron-Wendat, Anishnaabeg, Haudenosaunee, Chippewas and Mississaugas of the Credit First Nation – Today, the Investment Management Corporation of Ontario (IMCO) took a big step towards a credible plan that…

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If oil and gas companies aren’t cutting emissions at peak profits, when will they get in the game?

This article was written by Laura Cameron and published by CBC on November 17, 20202. Canadian oil and gas companies were in Egypt last week for the global climate summit COP27 — among some 636 fossil fuel lobbyists — to position themselves as leaders in industry emissions reductions at an event hosted by the Canadian government.  What was not…

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New French law will require parking lots to install solar panels

This article was written by S. Dent and originally published in Engadget on November 9th, 2022. In 2020, France was the only EU nation not to meet its obligations for the development of renewable energy, as it still relies primarily on nuclear power. Now, the French Senate has approved a bill that should increase that markedly, requiring…

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Guilbeault optimistic about targets even as Canada’s emissions rebound post-pandemic

This article was written by Mia Rabson and was originally published in CBC on November 11, 2022. Canada’s carbon dioxide emissions crept back up in 2021 after falling sharply during the first year of COVID-19, and experts believe they will go up even further this year as the return to normal has accelerated. The European…

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Stop Greenwashing, Set Regulated Net-Zero Targets, McKenna Task Force Urges

This article was written by Mitchell Beer and originally published in The Energy Mix on November 9, 2022. Climate science and the depth of the climate emergency demand that industries, financial institutions, cities, and regions commit fully to real net-zero targets, end new fossil fuel investment, stop greenwashing their activities, start lobbying for rather than…

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Canadian Pension Fund Rejects Divestment, Takes Fire for Fossil ‘Entanglement’

This article was written by Gaye Taylor and originally published in The Energy Mix on November 2, 2022. The CEO of the pension fund that controls retirement investments for 21 million Canadians has reconfirmed his position that “engagement,” not divestment from fossil fuel companies, is the right way forward during the global energy transition. John…

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Canada Pitches European Gas Exports, But Europe Won’t Be Buying

This article was written by Mitchell Beer and originally published in The Energy Mix on November 2, 2022. Canadians are being sold on a future of natural gas exports to Europe just as European countries speed up their exit from all fossil fuels, says a leading energy transition researcher who’s just finished a series two-week…

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Fossil Investment Could ‘Fully Finance’ Renewable Shift to 1.5°C

This article originally appeared in The Energy Mix on October 26, 2022. Redirecting $570 billion per year from planned oil and gas investments could “fully finance” wind and solar expansion to meet a 1.5°C target, showing that oil and gas development must be halted to keep global warming within safe limits, a new report concludes.…

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Caisse Invests Up to $474M in Japanese Renewables Firm

This article was originally published in The Energy Mix on October 26, 2022. The giant Caisse de dépôt et placement du Québec (CDPQ) is investing up to US$474 million, or 70 billion Japanese yen, in a company that got its start as a search for energy alternatives in the wake of the Fukushima nuclear disaster…

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