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U.S. interests making Canada the "fossil fuel fall guy"

2015-10-08 18:12 ET - Street Wire

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by Mike Caswell

Wealthy U.S. philanthropists are spending massive amounts of money with the ultimate goal of influencing energy policy in Canada, a Vancouver investment conference heard on Thursday. Financiers, which include big names such as the Rockefeller Foundation, are paying the way for environmentalists and Indian bands in Canada to oppose oil projects. In doing so, they are turning Canada into the "fossil fuel fall guy."

That was the message delivered Thursday afternoon by author Vivian Krause at the Resource Subscriber Investment Summit at Canada Place. Speaking to about 200 attendees, she said Canada's oil producers have become the target of a well-financed environmental movement that has replaced the older generation of environmentalists, the ones that received no pay and had homemade signs.

Vivian Krause
STOCKWATCH
Vivian Krause

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