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<div>Thanks for sending, Lori! Tzeporah Berman has long been one of my heroes. Do you know how to get a video of the entire speech and also Notley's? </div>
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<div id="AppleMailSignature">Susan B.<br>
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Sent from my iPad</div>
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On Oct 13, 2018, at 1:50 PM, "<a href="mailto:strothjkl@sympatico.ca">strothjkl@sympatico.ca</a>" <<a href="mailto:strothjkl@sympatico.ca">strothjkl@sympatico.ca</a>> wrote:<br>
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<p class="MsoNormal">And yet, in regards to your first comment, I just saw a posting on Standearth that Tech Frontier , sometimes called Tech Resources of Vancouver, is proposing to build an even bigger NEW oil sands near Fort MacMurray –<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Go to this link <a href="https://www.facebook.com/standearth/videos/2254824498071220/">
https://www.facebook.com/standearth/videos/2254824498071220/</a><o:p></o:p></p>
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<p class="MsoNormal">Stand Earth now for a live presentation <span style="color:red">
RIGHT NOW </span>by Tzeporah Berman, to be followed by Rachel Notley to an audience in Alberta, presenting the pro’s and cons for the Trans Mountain Pipeline-Fantastic.
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<p class="MsoNormal">Lori<o:p></o:p></p>
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<p class="MsoNormal"><b>From:</b> All <<a href="mailto:all-bounces@gren.ca">all-bounces@gren.ca</a>>
<b>On Behalf Of </b>Lanteigne<br>
<b>Sent:</b> Friday, October 12, 2018 11:35 PM<br>
<b>To:</b> GREN > <<a href="mailto:all@gren.ca">all@gren.ca</a>><br>
<b>Subject:</b> [All] Major Tar Sands game changer!<o:p></o:p></p>
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<p class="MsoNormal"><span style="font-size:12.0pt">Hi Everyone!</span><o:p></o:p></p>
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<p class="MsoNormal"><span style="font-size:12.0pt">Right now Tar Sand is currently worth "minus 11 to 28 cents" per barrel. Nothing screams game changer more than these prices. Here is the CBC news coverage: </span><o:p></o:p></p>
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<p class="MsoNormal"><a href="https://www.cbc.ca/news/canada/calgary/oilsands-bitumen-prices-negative-territory-1.4860884" target="_blank"><span style="font-size:12.0pt">https://www.cbc.ca/news/canada/calgary/oilsands-bitumen-prices-negative-territory-1.4860884</span></a><o:p></o:p></p>
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<p class="MsoNormal"><span style="font-size:12.0pt">In the last week we have seen the following:</span><o:p></o:p></p>
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<p class="MsoNormal"><span style="font-size:12.0pt;color:#14171A">International investment group Nationale Nederlanden</span><span style="font-size:12.0pt"> (NN)<span style="color:#14171A;background:#F5F8FA">
</span><span style="color:#14171A">managing 240 billion euros, becomes latest investor to withdraw from tar sands, pipeline companies including Enbridge and TransCanada.
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<p class="MsoNormal"><span style="font-size:12.0pt;color:#14171A">Greenpeace press release:
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<p class="MsoNormal"><span style="font-size:12.0pt"><a href="https://www.greenpeace.org/canada/en/press-release/5453/press-release-international-investment-group-managing-240-billion-euros-becomes-latest-investor-to-withdraw-from-tar-sands-pipeline-companies/" target="_blank">https://www.greenpeace.org/canada/en/press-release/5453/press-release-international-investment-group-managing-240-billion-euros-becomes-latest-investor-to-withdraw-from-tar-sands-pipeline-companies/</a></span><o:p></o:p></p>
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<p class="MsoNormal"><span style="font-size:12.0pt">NN's press release here: <a href="https://www.nn-group.com/Media/Article/NN-Group-excludes-investments-in-oil-sands-.htm" target="_blank">https://www.nn-group.com/Media/Article/NN-Group-excludes-investments-in-oil-sands-.htm</a></span><o:p></o:p></p>
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<p class="MsoNormal"><span style="font-size:12.0pt;color:#14171A;background:white">Norway’s US$1 trillion sovereign wealth fund is building its case for divesting its massive holdings of oil and gas stocks.</span><o:p></o:p></p>
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<p class="MsoNormal"><span style="font-size:12.0pt"><a href="https://www.bnnbloomberg.ca/world-s-biggest-wealth-fund-beefs-up-case-for-dumping-oil-stocks-1.1146858#_gus&_gucid=&_gup=twitter&_gsc=8i8E3nf" target="_blank">https://www.bnnbloomberg.ca/world-s-biggest-wealth-fund-beefs-up-case-for-dumping-oil-stocks-1.1146858#_gus&_gucid=&_gup=twitter&_gsc=8i8E3nf</a><span style="color:#14171A;background:white"><br>
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<p class="MsoNormal"><span style="font-size:12.0pt;background:white">Investors also pulled more than $6bn from junk bonds in the past week on concerns about highly indebted companies after a rise in interest rates.</span><o:p></o:p></p>
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<p class="MsoNormal"><span style="font-size:12.0pt"><a href="https://www.ft.com/content/dd1f101e-cd9a-11e8-b276-b9069bde0956" target="_blank">https://www.ft.com/content/dd1f101e-cd9a-11e8-b276-b9069bde0956</a><span style="background:white"><br>
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<p class="MsoNormal"><span style="font-size:12.0pt;color:#14171A;background:white">Enbridge boasts of 40 billion in revenue but a new report identified it's unrestricted cash was only $480 million in 2017 & $457 million by June 2018. They need at least $500
million to meet the requirements of the Pipeline Safety Act. Currently they rely heavily on rotating credit from investment banks and in their last Q4 reports, they were declaring short investment purchases as long term debt because they are using long term
investment funds to pay for buying shorts! Here is the full article on the unsustainable financing of Enbridge by the Sightline Institute.
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<p class="MsoNormal"><span style="font-size:12.0pt"><a href="https://www.sightline.org/2018/09/18/how-enbridges-bankers-fund-a-tar-sands-pipeline/" target="_blank">https://www.sightline.org/2018/09/18/how-enbridges-bankers-fund-a-tar-sands-pipeline/</a><span style="color:#14171A;background:white"><br>
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<p class="MsoNormal"><span style="font-size:12.0pt;color:#14171A;background:white">At the end of September, Enbridge had about $61.4 billion of long-term debt.
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</span><a href="https://business.financialpost.com/commodities/energy/enbridge-sells-4-3b-in-assets-to-brookfield-consortium-in-bid-to-reduce-61b-debt-pile" target="_blank">https://business.financialpost.com/commodities/energy/enbridge-sells-4-3b-in-assets-to-brookfield-consortium-in-bid-to-reduce-61b-debt-pile</a><o:p></o:p></p>
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<p class="MsoNormal">I've been blowing the whistle on these issues for 6-7 years and I've spoken with solicitors, International asset risk managers, advocacy groups and press.The CBC and National Observer, Toronto Star and others are totally up to speed. Recently
more info was shared with the Ontario Securities and Exchange Commission and the Alberta Securities Commission. I've spoken with staff at Minnesota Public Utilities Commission and US FERC plus there is an NEB process underway which may or may not reopen the
RCMP file depending on how they behave. There is a very specific policy that I found to lift the secrecy on corporate funding and asset ownership but it required evidence of fraud and a lawsuit or an application for certification to use it. The sale of Line
10 opened that amazing window up for me. With what I had, I was able to "lift the veil" of corporate secrecy and the NEB secured the docs I needed to push further into this. I believe it may have contributed to the swift progress is being made right now.
Either way, it is good to see progress being made here. I'm very thankful to see this finally surface. <o:p></o:p></p>
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<p class="MsoNormal">Bit by bit! <o:p></o:p></p>
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<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Helvetica",sans-serif">Lulu :<o:p></o:p></span></p>
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<div><span>_______________________________________________</span><br>
<span>All mailing list</span><br>
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<span><a href="http://gren.ca/mailman/listinfo/all_gren.ca">http://gren.ca/mailman/listinfo/all_gren.ca</a></span><br>
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