Canadian Delegates Call for Confrontation of Fossil Fuel Extractors in Amazon
- Reports
- 2
- Developments
- 1
- Repetition
- 50%
New informationRepeats or wire copies
What happened
Canadian parliamentarians and Indigenous leaders met in Ottawa to build international solidarity around divestment from planet-heating fossil fuels. The delegation emphasized Canada's ability to support Amazonian countries in protecting the ecosystem. Ecuadorian parliamentarian Fernando Nantipia called on delegates to unite on a joint agenda for confronting companies like Petrobras and Gran Tierra Energy regarding fossil fuel extraction in their respective countries.
From brazilsun.com
Why it matters
The delegation argued that Canada could not be a global climate leader while backing domestic fossil fuel extraction projects, such as the West Coast Pacific Link oil pipeline. This political pressure could increase regulatory and reputational risk for fossil fuel operations in the Amazon.
From brazilsun.com
Who's involved
- AmazonThe Amazon region, which is the subject of the environmental protection efforts.
- PetrobrasPetrobras, a multinational oil and gas corporation targeted for confrontation.
- Gran Tierra EnergyGran Tierra Energy, a Canadian energy company targeted for confrontation.
- EcuadorEcuador, a country where Gran Tierra Energy operates oil and gas assets.
- ColombiaColombia, a country where Gran Tierra Energy conducts oil and gas exploration.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- PetrobrasSpeculative
Petrobras might face increased ESG and regulatory risk for its fossil fuel operations due to political pressure from Canada.
- Gran Tierra EnergySpeculative
Gran Tierra Energy could face increased ESG and regulatory risk for its fossil fuel operations due to political pressure from Canada.
- EcuadorSpeculative
Ecuador may face increased geopolitical and ESG pressure on fossil fuel extraction in Amazonian countries.
- ColombiaSpeculative
Colombia could face increased geopolitical and ESG pressure on fossil fuel extraction in Amazonian countries.
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The entities involved
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Amazon
river in South America
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Petrobras
Brazilian multinational oil and gas corporation
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Gran Tierra Energy
Canadian energy company
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