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"...the transfer of federal and provincial funds will leave the seven First Nations “very much as minority investors” in the project “with little actual say” about how it unfolds, a veteran observer told The Energy Mix. While details of the deal are still emerging, even a “symbolic” ownership stake in the range of about 5% could leave the communities with major financial liabilities if anything goes wrong with the first-if-its-kind project."
Related: Read our explainer on why nuclear is not a climate solution but a way to prolong dependence on oil and gas and waste funds - especially since battery storage removes the need for base load power.
"Global electric vehicle sales are set to reach 23 million in 2026, an increase of 11% from last year, accounting for just over a quarter of passenger car sales overall, BloombergNEF predicts. Just over half of all car sales will be EVs by 2035, BNEF says, with growth sustained by falling battery prices and more affordable EVs going on the market."
"Punishing temperatures extended to the United Kingdom and Spain, where weather agencies issued red alerts—like France—about the risks of extreme heat for tens of millions of people." |