Same as it ever was. 🫤

But hey! Let’s build another!

“The new balance-sheet profits are thanks to an employee-less shell company called TMP Finance, which holds billions of the pipeline’s debts on its account, shielding Trans Mountain Corp. from its interest costs.

When all its debts are factored in, Gunton estimates the pipeline lost around $166 million in the first six months of 2025, a loss that raises questions about Ottawa’s ability to fulfil a pledge to direct millions from Trans Mountain’s revenues to climate initiatives.

Now those losses may be about to deepen.

That’s because the oil companies that use the pipeline are fighting to reduce their rents by around $545 million each year. The oil companies’ 20-year pipeline contracts are already heavily discounted and set to cover only around half the pipeline’s cost. Further reducing the tolls could force taxpayers to cover an additional $11 billion in costs.”

#TMX #FossilFools #CDNPoli #ABPoli
https://thetyee.ca/Analysis/2025/12/23/Trans-Mountain-Profitability-Accounting-Illusion/

Is Trans Mountain’s Profitability an Accounting Illusion? | The Tyee

How accounting manoeuvres make the finances of Canada’s government-owned pipeline look better than they are.

The Tyee

my delight at this nice news

reneweconomy.com.au/offshore-w…

is almost entirely washed away by my awareness that straya seems to have decided the cookers get to make policy, ergo, offshore windfarm projects keep getting attacked & disincentivised... compared to many other countries where some sanity exists.

#AusPol #WhyTheFuckIsLabor #HahahahaLiebs #NatsAreNuts #GreensYEAH #VoteGreens #VoteProgIndies #ClimateCrisis #NonLinear #TippingPoints #PositiveFeedbackLoops #FossilFools #RenewableEnergy #ChangeTheSystem #StateCapture #RightToProtest #Biodiversity #WeAreTotallyFscked #Misanthropy #Karma #NativeForests #StopLoggingNativeForests #FsckCapitalism #CognitiveDissonance

Offshore wind turbines create all-you-can-eat havens where some fish can double in size

New study shows offshore wind turbines create different marine environments that accommodate more groups and more complexity in the oceanic food chain.

Renew Economy

Morning, all,

From an edition of the Hitch-Hiker’s Guide To The Galaxy that fell through a wormhole from a thousand years in the future:

Homo Sapiens Sapiens: an allegedly intelligent species of hominids indigenous to the Planet Earth that drove itself to extinction “because it made sound economic sense.”

#Trump #EPA #GOP #MAGA #USpol
#FossilFools #ACC #AGW #ClimateEmergency
#H2G2 #ArkB #DouglasAdams #RIP
https://www.euronews.com/green/2025/12/10/we-look-ridiculous-us-government-website-removes-fossil-fuels-as-cause-of-global-warming

Fossil fuels removed as cause of global warming on EPA website

'It's like pretending cigarettes don’t cause lung cancer,' says one climate expert.

euronews
Woodside CEO Meg O’Neill resigns to run global oil giant BP

Meg O’Neill is leaving Australia’s largest oil and gas producer to take up a new job as boss of global energy major BP.

The Sydney Morning Herald
The giant heat pumps designed to warm whole districts

Across Europe huge heat pumps are being installed that can heat tens of thousands of homes.

“The $3bn Gorgon carbon capture and storage (CCS) development, on Barrow Island off Western Australia’s Pilbara coast, was supposed to start operating in 2016, backed by $60m in federal government funding. Chevron and its partners in the project, including Shell and ExxonMobil, said it would capture up to 4m tonnes of carbon dioxide (CO2) from an underwater gas field each year and inject it in a reservoir more than 2km beneath the island.

It was supposed to cut the direct greenhouse gas emissions from the Gorgon liquified natural gas (LNG) development by 40%. Nearly 10 years on, this is yet to happen.”

#CCS #CarbonCaptureScam #FossilFools #CDNPoli
https://www.theguardian.com/environment/2025/dec/14/carbon-capture-and-storage-ccs-spruiked-emissions-reduction-has-australia-been-greenwashed

Carbon capture was spruiked as a way of limiting our emissions – but has Australia been greenwashed?

Despite billions in investment, carbon capture and storage technology ‘should be in no way treated as a climate solution’, critics say

The Guardian

minns had the gall to go on-camera only days ago, feigning po-faced sympathy & empathy with the latest victims of the latest climate-crisis destructive storm. i yelled at the screen, coz i knew full well they continue to support the climate criminals accelerating this escalating disaster chain.

#AusPol #WhyTheFuckIsLabor #HahahahaLiebs #NatsAreNuts #GreensYEAH #VoteGreens #VoteProgIndies #ClimateCrisis #NonLinear #TippingPoints #PositiveFeedbackLoops #FossilFools #RenewableEnergy #ChangeTheSystem #StateCapture #RightToProtest #Biodiversity #WeAreTotallyFscked #Misanthropy #Karma #NativeForests #StopLoggingNativeForests #FsckCapitalism #CognitiveDissonance
RE: social.chinwag.org/users/abc_b…

Forget the Med: I’d rather travel Europe’s other great sea

This is Europe without fuss, and yet with everything going for it.

The Sydney Morning Herald

RE: https://mas.to/@greenpeace/115703297282961548

Missing out on offshore wind energy in the windy South Pacific.

Clean, cheap energy is too woke; much better to kill the ocean.
/s

#fossilFools #endFossilFuels #banSeabedMining