Vancouver-based ForestEthics and FairPensions (a member of LMN member group ECCR) have produced a briefing outlining the investment risk of a Shell project to develop coalbed methane in the Klappan, a remote part of British Columbia, Canada.
Also known as the Sacred Headwaters, the region’s salmon and wildlife sustain indigenous and non-indigenous cultures and livelihoods, and it is a source of creation stories for Canada’s indigenous First Nations. Broad community opposition has resulted in a moratorium being imposed. Increasing political and public concern about the impacts of hydraulic fracturing, or fracking, are considered likely to make it more difficult for social licence to be gained for this Shell project.
See http://forestethics.org/investors-beware-shells-fracking-in-the-sacred-headwaters-is-too-risky.