Tag: climate activism

Let’s not be too quick to cheer for the market as oil prices slump

Post author By Michal Rozworski
Post date November 3, 2014
2 Comments on Let’s not be too quick to cheer for the market as oil prices slump

Another title for this piece could be oil prices and politics. The last few weeks have been full of worries about the fate of Canada’s oil sector. Global oil prices are falling, pipelines are stalled and a few prominent tar sands investments have been canceled. All of these stories have been accompanied by cheering from the barricades representing those who want to Canada ween itself off its high-carbon fossil fuel industry as quickly as possible.

I, too, won’t be shedding any tears for the tar sands but it is good to keep things in perspective. Questioning the market for allocation of investment towards more fossil fuel development and more climate change, the lesson of the week is not to cheer too quickly for the market’s changing fortunes. Here’s a few charts that provide some of that perspective.

Tags climate activism, falling oil price, fossil fuels, oil sands, path dependency, peak oil, tar sands

Climate change USA

What’s the risk? Climate activism aiming at supply and demand

Post author By Michal Rozworski
Post date April 23, 2014
2 Comments on What’s the risk? Climate activism aiming at supply and demand

One way to think about climate activism is to see if it focuses on the supply of or demand for fossil fuels – pipelines or cars, hydrocarbons or carbon emissions. This distinction is not a new one, is doubtless very simplistic and has often been used to chastise activists. Here, I hope it will draw out some potentially useful thoughts that centre on the aims of activism and the idea of risk.

In an article published yesterday in The Nation, Chris Hayes makes an interesting analogy between the struggle for climate justice and abolitionism: despite numerous differences, both assume the destruction of potential future income streams – abolition by freeing slaves, climate justice by leaving fossil fuels in the ground. The weak link that climate activism can exploit is the capital-intensiveness of fossil fuel extraction. This is a re-framing of the supply side of the story.

Tags carbon bubble, climate activism, climate justice, Enbridge, financialization, Keystone XL, Northern Gateway, oil, pipelines, risk, stranded assets, supply and demand