Financial Crisis at Oil Change

Archive for the 'Financial Crisis' Category

Financial Crisis Undermines Climate Change Action

2 Comments Published by Andy Rowell October 13th, 2008 in Climate Change, Financial Crisis

At the end of last week, the head of the UN Climate Change secretariat argued that, instead of sidelining the fight against climate change, the global credit crisis could hasten efforts to create “green growth” industries by revamping the financial system behind them.
Yvo de Boer, who heads the Bonn-based UN Climate Change Secretariat, told a […]

Oil Sands: From Boom to Bust

0 Comments Published by Andy Rowell October 8th, 2008 in Canada, Financial Crisis, oil sands, tar sands

Banks may be going bust at an unprecedented rate, but the financial crisis could start hitting oil development, no more so in Alberta, where the high oil price is a pre-requisite for profitable investment.
This is OilWeek’s gloomy assessment “Plummeting oil prices and the stock market meltdown have raised concern that Alberta´s energy boom may be […]