New research from veteran earth scientist David Hughes concludes that the Trans Mountain Pipeline expansion project (TMX) makes no financial sense. In fact, Alberta heavy oil producers can expect to lose money on every barrel of oil they produce and move through TMX. Contrary to claims that bringing heavy oil to tidewater for export to …

This report concludes that the Trans Mountain pipeline expansion project (TMX) is not needed to meet forecasted Canadian capacity needs. The author, J. David Hughes, also demonstrates that contrary to claims that bringing heavy oil to tidewater for export to Asia will fetch a higher price, it will likely instead sell at a loss of $4-$6 per barrel. …

Richard Washington, professor of climate science at the School of Geography and the Environment at Oxford University, recently noted that ‘Africa will be hardest hit by climate change, but has contributed the least to causing that change.’ Southern Africa in particular has suffered from drought for years, exemplified by the extreme water crisis that Cape …