Do oil spills make good economic sense? A witness called by Canadian firm Enbridge Inc— which wants approval to build a $6.5 billion pipeline linking Alberta’s tar sands with the Pacific coast — told a recent hearing in British Columbia that the answer is yes.
John Bellamy Foster
It can sometimes feel like we’re losing a race against time to avoid environmental catastrophe and social collapse. Climate change is already extinguishing species, destroying essential food production and forcing thousands of people to flee their island homes. People are directly affected by more wars than ever before in history. While the underlying causes of the recent global financial crisis remain, governments are imposing vicious austerity policies on the majority of people in the Global North and South to pay for the capitalists’ greed.