McGill principal lays claim to old Vic
Suzanne Fortier, who heads McGill, writes on CTV’s site about a sustainable development innovation cluster as a project for the old Royal Vic.
As far as I can tell, the university has still not divested from fossil fuels. Maybe taking that step would give Fortier’s plan more credibility.
david36 17:30 on 2020-12-06 Permalink
If you want to add a semi-interesting slowly unfolding saga to the things you follow, Exxon Mobil is undergoing a decline of epic proportions, and that story gives you insight into the ongoing world historical shift in energy use, production, and markets. Fascinating stuff. On the fossil fuel investment issue, some of the oil majors have tactically repositioned their long term perspective to evolve into essentially energy rail than oil companies, with diverse production investments. It’s pretty clear that over the coming decades, you’ll have your energy companies including some former oil majors but also including new players – the market is already rewarding that shift, so that maybe the market will do the work that the protests, red paint, and all the rest can’t.
dhomas 03:59 on 2020-12-07 Permalink
@David∞ The market is reacting BECAUSE people don’t want environment-destroying energy (i.e. oil) to be the dominant form of energy anymore. So, “the protests, red paint, and all the rest”, as you call it, are starting to see results. The “market” would be quite content with the status quo, slinging oil until there is none left (or more likely no humans left), but thanks to a shift in what energy consumers want, the market is shifting, too. This shift is not happening by itself. Many people want cleaner energy; they vote for governments that reflect this desire; governments legislate (slowly) according to this desire (no more ICE vehicles in Quebec by 2035, for example); oil companies react. Don’t make it sound like oil companies would have done this of their own accord because they absolutely 100% would not have.