Posts in oil sands
- 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.
- We know that Justin and Barack had a budding bromance, which came to an abrupt end when Trump took office. Like any friend would say to someone getting over a break-up, our message to Justin is: Don't let Donald be your rebound. It won’t end well. Donald is no Barack.
- Climate on the Line: Why new tar sands pipelines are incompatible with the Paris goals January 2017 Oil Change International Download the report here. New analysis finds that Canada will be the world’s second highest contributor of new oil production globally over the next twenty years if action isn’t taken to halt new tar sands...
Continue reading 'Climate on the Line: Why New Tar Sands Pipelines Are Incompatible With the Paris Goals'.
- The Obama and Trudeau announcement of an oil/gas development ban in Arctic/Atlantic waters was huge, but how each country explained it reveals a major rift.
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