Posts in oil sands
- This briefing outlines compelling reasons for investors to question whether TransCanada should proceed with Keystone XL given various obstacles facing its construction and commercially viable operation, and suggests questions institutional financiers may wish to ask TransCanada.
- "When even Enbridge is calling this a subsidy, you know Alberta’s XL bailout is another desperate attempt at a lifeline for a pipeline that will never be built. Keystone XL would be a disaster for the climate, and watching governments bend over backwards to be a part of that is heartbreaking in a year where you could barely catch your breath between climate disasters."
- On Thursday, August 10th, in Lincoln, NE, activist groups delivered more than 460,000 public comments opposing the Keystone XL pipeline to the Nebraska Public Service Commission.
- Who will clean up the mess if oil companies go bust as the whole fossil fuel industry goes from a downcycle into a potential “death spiral”?
- The oil industry's own data shows that the tar sands are on the edge of decline – but the key question is if they will take everyone else down with them.
- FOR IMMEDIATE RELEASE June 29, 2017 CONTACT Lorne Stockman, lorne [at] priceofoil.org, +1 540 679 1097 Adam Scott, adam [at] priceofoil.org, +1 416 347 3858 Data driven reality check points to end of growth in the tar sands. A new briefing released today points to a dramatic drop-off in investment in growth in the tar...
Continue reading 'RELEASE: Data driven reality check points to end of growth in the tar sands'.
- Oil Change International June 2017 Download the PDF Briefing. The Alberta tar sands are among the world’s largest oil reserves. While investment and expected growth in the industry have been high for the last decade, new industry data paints a dramatically different picture of the sector moving forward. Key findings: Anticipated tar sands production growth is...
Continue reading 'Reality Check: The End of Growth in the Tar Sands'.
- In a hard hitting opinion piece in the Guardian today, Bill McKibben doesn’t mince words when it comes to Canada’s Prime Minister. Everyone seems to love Justin Trudeau. Charismatic, young, and rhetorically committed to a suite of progressive issues – compared to his counterpart to the south, he has a lot going for him. But,...
Continue reading 'Telling it like it is: the numbers behind Justin Trudeau’s climate failure'.
- Oil majors are dumping Canada’s tar sands assets and investors are walking away from new projects. It’s the latest sign that the massive expansion the industry planned at the start of this decade is quickly falling apart. Canada’s status as one of the highest cost, highest carbon sources of oil is hurting the industry and...
Continue reading 'A fading future for the tar sands'.
- Activists rallied at the Canadian Embassy during Trudeau’s first visit to D.C. – the PM has said he wants to “work with” Trump to construct Keystone XL.
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