LONDON — Europe’s largest bank HSBC said on Friday it would mostly stop funding new coal power plants, oilsands and arctic drilling, becoming the latest in a long line of investors to shun the fossil fuels.
Other large banks such as ING and BNP Paribas have made similar pledges in recent months as investors have mounted pressure to make sure bank’s actions align with the Paris Agreement, a global pact to limit greenhouse gas emissions and curb rising temperatures.
“We recognize the need to reduce emissions rapidly to achieve the target set in the 2015 Paris Agreement… and our responsibility to support the communities in which we operate,” Daniel Klier, group head of strategy and global head of sustainable finance, said in a statement.
Jessica Ernst’s long fight to challenge legislation putting energy regulator above the law reaches top court.
Sourced through Scoop.it from: www.thetyee.ca
“[…] After years of legal wrangling, Jessica Ernst and Alberta’s powerful energy regulator finally squared off in the Supreme Court of Canada yesterday.
For almost two hours, all nine justices questioned lawyers from both sides in a case that will determine if legislation can grant government agencies blanket immunity from lawsuits based on the Charter of Rights and Freedoms.
At times the debate was so bogged down in legal jargon and little known cases that it felt as though the participants were holding a conversation in a foreign language. […]
Ernst alleges the Alberta Energy Regulator violated her rights by characterizing her as a “criminal threat” and barring all communication with her.
The claims are part of her multipronged lawsuit related to the regulation of fracking. She says fracking contaminated aquifers near her homestead near Rosebud, about 110 kilometres east of Calgary, and is seeking $33 million in damages. […]
The Supreme Court hearing dealt with Ernst’s allegation that the provincial energy regulator denied her the right to raise her concerns about groundwater contamination. She argues that the legislation shielding the regulator from citizen’s lawsuits should not bar charter claims.
Lawyers for Ernst, the BC Civil Liberties Association and the David Asper Centre for Constitutional Rights all argued that the Alberta Energy Regulator’s immunity clause undermined the spirit of Canada’s charter, which is designed to protect citizens from government abuses of power.
It is patently unfair to allow a government to violate a citizen’s basic freedoms and then deny them an appropriate remedy in the courts, especially when the charter itself grants that right, they argued. […]
Eight years ago, Ernst sued Alberta Environment, the Energy Resources Conservation Board (which has since become the Alberta Energy Regulator) and Encana, one of Canada’s largest unconventional gas drillers. She claimed her well water had been contaminated by fracking and government agencies had failed to investigate the problems.
But the regulator argued that it couldn’t be sued because it had an immunity clause that protected it from civil action.
After an Alberta Court of Appeal agreed, Ernst’s lawyers appealed the matter to the Supreme Court in 2014.
Initially three provincial governments and the federal government announced their intention to intervene in the case.
“But once they looked at the arguments, they withdrew,” said Murray Klippenstein, another of Ernst’s lawyers, after yesterday’s hearing.
“So there was no government here to support the argument of the [regulator],” added Klippenstein. “It kind of shows in a common sense sort of way how ridiculous the position is.”
The case made legal history, too. “This is the first time the Supreme Court has heard a case about human rights with an environmental context,” noted Lynda Collins, a professor of law at the University of Ottawa’s Centre for Environmental Law and Global Studies.
She said the case concerns the right of a citizen to pinpoint environmental wrongs, such as groundwater contamination, without being penalized by a regulatory body.
Whenever a regulator allegedly takes punitive measures against a citizen addressing key environmental issues in the public interest, “you have a serious allegation,” added Collins. […]
The case is being closely watched by Canada’s oil and gas industry. In 2014, Borden Ladner Gervais, Canada’s largest national full-service law firm, included the Ernst case in a top 10 list of important judicial decisions affecting the energy industry.
“The Ernst case has brought into focus the potential for regulator or provincial liability arising out of oil and gas operations…. If Ernst proceeds to trial, it will likely provide more guidance on the scope of the duty of care and the standard of care required by the province and the oil and gas operator to discharge their duties in the context of hydraulic fracturing.”
The fracking industry has been the subject of scores of lawsuits across North America. Landowners have sued over property damage and personal injury related to industry-caused earthquakes, air pollution and the contamination of groundwater.
In one major Texas case, a jury awarded one family $3 million. The verdict found that Aruba Petroleum “intentionally created a private nuisance” though its drilling, fracking and production activities at 21 gas wells near the Parrs’ Wise County home over a three-year period between 2008 and 2011. […]”