TD Bank Divestment from Keystone XL a Hoax by Tar Sands Blockade
This morning, a fake press release was sent from an email address at yourtdbank.com, to a parody website designed to look like TD Bank's press page announcing the bank's divestment from Keystone XL and tar sands. The fake release cited President Obama's recent climate speech and a host of economic problems for the tar sands industry as reasons for TD Bank’s decision to sell its $1.6 billion stake in Keystone XL and live up to their motto to be “As Green As Our Logo.”
The media stunt was claimed by the Texas-based nonviolent direct action organization, Tar Sands Blockade, who over the last year has successfully caused major delays to the construction of the southern segment of the Keystone XL tar sands pipeline. The fake story was published by media sources such as International Business Times, before later realizing it was a hoax.
Today’s hoax was part of a sustained campaign to encourage financial institutions bankrolling Alberta’s tar sands industry to divest from toxic projects like Keystone XL and highlight TD Bank's blatant hypocrisy on environmental issues.
Yesterday, TD Bank touted their eco-consciousness by announcing a partnership with the Nature Conservancy to preserve 107 acres of Florida forests. The tar sands mega-project, which analysts say will only be economically viable if Keystone XL and other pipelines are built, would destroy or degrade 34 million acres of the world's largest, most pristine forest and the largest terrestrial carbon sink.
“Today's media stunt was intended to hold TD Bank accountable for bankrolling the most ecologically devastating project on planet Earth. If TD Bank wants to be 'as green as its logo,' then it must immediately divest from tar sands exploitation and Keystone XL, which will have devastating climate impacts,” said Ron Seifert, a Tar Sands Blockade spokesperson.
“TD Bank’s green-washing of its preservation of 107 acres in Florida while simultaneously investing in the destruction of a forest the size of the entire state of Florida is downright absurd and must be brought to light.”
At first glance, you wouldn't think avocados and almonds could harm bees; but a closer look at how these popular crops are produced reveals their potentially detrimental effect on pollinators.
Migratory beekeeping involves trucking millions of bees across the U.S. to pollinate different crops, including avocados and almonds. Timothy Paule II / Pexels / CC0<p>According to <a href="https://www.fromthegrapevine.com/israeli-kitchen/beekeeping-how-to-keep-bees" target="_blank">From the Grapevine</a>, American avocados also fully depend on bees' pollination to produce fruit, so farmers have turned to migratory beekeeping as well to fill the void left by wild populations.</p><p>U.S. farmers have become reliant upon the practice, but migratory beekeeping has been called exploitative and harmful to bees. <a href="https://www.cnn.com/2019/05/10/health/avocado-almond-vegan-partner/index.html" target="_blank">CNN</a> reported that commercial beekeeping may injure or kill bees and that transporting them to pollinate crops appears to negatively affect their health and lifespan. Because the honeybees are forced to gather pollen and nectar from a single, monoculture crop — the one they've been brought in to pollinate — they are deprived of their normal diet, which is more diverse and nourishing as it's comprised of a variety of pollens and nectars, Scientific American reported.</p><p>Scientific American added how getting shuttled from crop to crop and field to field across the country boomerangs the bees between feast and famine, especially once the blooms they were brought in to fertilize end.</p><p>Plus, the artificial mass influx of bees guarantees spreading viruses, mites and fungi between the insects as they collide in midair and crawl over each other in their hives, Scientific American reported. According to CNN, some researchers argue that this explains why so many bees die each winter, and even why entire hives suddenly die off in a phenomenon called colony collapse disorder.</p>
Avocado and almond crops depend on bees for proper pollination. FRANK MERIÑO / Pexels / CC0<p>Salazar and other Columbian beekeepers described "scooping up piles of dead bees" year after year since the avocado and citrus booms began, according to Phys.org. Many have opted to salvage what partial colonies survive and move away from agricultural areas.</p><p>The future of pollinators and the crops they help create is uncertain. According to the United Nations, nearly half of insect pollinators, particularly bees and butterflies, risk global extinction, Phys.org reported. Their decline already has cascading consequences for the economy and beyond. Roughly 1.4 billion jobs and three-quarters of all crops around the world depend on bees and other pollinators for free fertilization services worth billions of dollars, Phys.org noted. Losing wild and native bees could <a href="https://www.ecowatch.com/wild-bees-crop-shortage-2646849232.html" target="_self">trigger food security issues</a>.</p><p>Salazar, the beekeeper, warned Phys.org, "The bee is a bioindicator. If bees are dying, what other insects beneficial to the environment... are dying?"</p>
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