AP: ‘Climategate’ report vindicates researchers

Just in from an AP report:

An independent British report into the leak of hundreds of emails from one of the world’s leading climate research centres has largely vindicated the scientists involved, a finding many in the field hope will calm the global uproar dubbed “Climategate.”

Read full story here

Image:Dr. Compton Tucker, senior Earth scientist at NASA Goddard Space Flight Center in the Hydrospheric and Biospheric Sciences Laboratory, discusses "Climategate" in the context of observations of the ocean-land-atmosphere system. This observation shows unambiguous increasing surface temperatures and stress the contribution of space observations that should extinguish the climate change controversy.

Credit: NASA/GSFC/Bill Hrybyk

Pension plan to invest in oil sands

Where would you like your pension money to be invested in?

According to the Financial Post, the Canada Pension Plan Investment Board announced it was making a $250-million private placement in Laricina Energy Ltd, a Calgary-based company that has a portfolio of oil sands assets that range from properties in the McMurray formation as well as sites near Grand Rapids and Grosmont. With this investment CPPIB now owns a 17.1% equity interest in the company.

The oil sands are definitely a divisive issue both here in Canada and abroad. I wonder how ordinary Canadians would feel about these funds possibly being placed in a company that they might not agree with...

Image from GoodNCrazy