Archive for the 'tar sands' Category



There was always going to be a massive problem for the oil industry over the massive gap between its green rhetoric and its recent investment in the most polluting fuel on the planet, tar sands.
Moreover, how do you reconcile trying to be green whilst exploiting tar sands? Even more bizarrely why would you try and […]

As oil creeps towards an unprecedented $150 a barrel the Indian Petroleum and Natural Gas Minister Murli Deora has denied that India and China were responsible for the recent oil rise.
Deori said that the growth in consumption in India was less than in many nations: “I take this opportunity to set the record straight. While […]

The financial backlash against BP’s investment in tar sands has begun.
A group of American and British shareholders in BP have joined forces to protest over the oil company’s decision to start extracting oil from Canadian tar sands.
Eleven fund managers, which together manage total assets worth more than $10 billion said that BP’s move into tar […]





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