Trans Mountain name dropped us

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r1 In a shocking filing with the energy regulator, the company admitted our pressure is working ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌‌

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, this is huge.

Last week Trans Mountain filed a request asking the Canada Energy Regulator (CER) to keep the identity of its insurers a secret. The document explicitly name-drops Stand.earth and credits the pressure from our movement as the reason why the company is struggling to find insurers to back the project.

Trans Mountain is right to be afraid: without insurance, the pipeline is dead.

But what it doesn’t understand about campaigning is that when you get crystal clear evidence your strategy is working, you don’t back off – you go even harder.

This is a critical moment to target the project’s remaining insurers and prove that there’s no point in hiding. We already know who they are, and the pressure won’t stop until we win.

Click here to email the CEOs of Trans Mountain’s top remaining insurers, and remind them they better drop out fast. This dangerous pipeline is a risk no one wants to be associated with.

STOP TMX

Let’s be clear. A project which can only be insured in secret has lost its social license to operate, and Trans Mountain knows it. The company contacted the CER just days after the Braided Warriors, a group of Indigenous youth, were violently arrested during their peaceful protest at insurance company offices in downtown ‘Vancouver.’ Many other Indigenous land defenders are in court today for putting their bodies on the line. Decades of resistance to the Trans Mountain pipeline have spotlighted the company’s long history of Indigenous rights violations, unsafe corporate culture, and environmental destruction. It’s no wonder its insurers are dropping like flies.

But that’s not the only reason. More and more insurers are walking away from the project because they simply don’t want to be responsible for the climate risk of the highly polluting tar sands sector – or cleaning up its mess. The existing Trans Mountain pipeline has spilled at least 85 times, repeatedly leaching toxic oil into fragile land and water ecosystems.

Now, running out of options, Trans Mountain is once again attempting to evade accountability to the pipeline’s owners: the Canadian public. Its last-ditch attempt to hide the identity of its insurers represents yet another troubling example of its culture of secrecy, and we aren’t going to let that slide. We’re already hard at work bringing a diverse coalition of Indigenous leaders, environmental groups, and prominent public figures together to submit a formal response to the CER.

But we also can’t let Trans Mountain’s latest stunt distract us from the ultimate goal: picking off its insurers one by one, and stopping this project once and for all. If Trans Mountain keeps its next insurance certificate a secret, we’ll continue targeting every single insurer on our 2020 hit-list, until they make a public statement proving they’ve dropped the project.

That work starts now. , will you take two minutes to email Trans Mountain’s remaining insurers and urge them to act fast to un-insure this pipeline? (If you’ve already done this before, please do it again!)

Trans Mountain’s blatant admission that our movement’s insurance campaign is working is a huge achievement – but it didn’t come easily. This moment is a result of decades of resistance to the pipeline led by Indigenous land defenders, working in solidarity with climate activists, communities living along the route, and everyday people who understand the serious threat of this project. For our part, the Stand.earth community has been pressuring insurance companies for three years now and fighting the pipeline for many more years than that.

As a result, there has already been an industry-wide shift of insurance companies distancing themselves from tar sands projects. Eleven insurers, including three companies that insured Trans Mountain in 2020, now have policies in place that restrict coverage of the tar sands sector.

Today I’m feeling incredibly grateful for people like you, . Your letters, phone calls, donations, petition signatures, and physical protests over the years are responsible for the progress we’re seeing today. Thank you.

Last year we got Trans Mountain’s biggest insurer, Zurich, to drop the pipeline. This year, we’re getting the rest.

Are you with me?

With determination,

Sven Biggs
Canada Oil and Gas Programs Director
Stand.earth


Stand.earth challenges corporations, industries, and governments to prioritize the well-being of people, our environment, and our climate by creating long-term, effective solutions. None of this work is possible without your support. DONATE $5 San Francisco office: 548 Market Street, Suite 74196, San Francisco, CA 94104-5401 On traditional Chochenyo and Karkin Ohlone Lands
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