Mark Carney Claims Fossil Fuel Expansion Is โ€˜Canada Strong,โ€™ but U.S. Investors Get the Profits

Out of the โ€œBig Fourโ€ oil sands giants, 73 percent are foreign-owned and 60 percent U.S.-owned, leaving Canadian investors control over just 27 percent. Credit: DeSmog

Prime Minister Mark Carney has been playing up protecting Canadaโ€™s energy sovereignty by expanding fossil fuel extraction. But who owns the oil patch? The reality is that U.S. capital controls the majority of oil and gas companies operating in Canada and that American ownership of the Canadian oil resources is increasing. Recent reporting from Oilprice.com shows that U.S. equity owns […]

โ€˜They Donโ€™t Give A Damnโ€™: Scotlandโ€™s Highland Communities Tire ofย Charm Offensive by โ€˜Pollutingโ€™ Salmon Giant Mowi

Loch Duich salmon farm in Wester Ross, Scottish Highlands. Credit: JOHN BRACEGIRDLE / Alamy

The worldโ€™s largest salmon producer stands accused of a charm offensive in the Scottish Highlands that distracts from its โ€œnoisyโ€ and โ€œpollutingโ€ fish farms. Seafood giant Mowi produces more than a fifth of the worldโ€™s farmed salmon and is the market leader in Scotland, where it farms a third of the countryโ€™s salmon and made […]