Posts in oil sands
- 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.
- The world’s largest listed oil company, Exxon, announced on Friday it was going to have to cut its reported proved reserves by just under a fifth. It is the biggest reserve revision in the history of the oil industry.
- New concerns have been raised over the ecological impact of in-situ tar sands mining after research was published yesterday revealing that high pressure steaming can discharge pollutants into the environment
- Fort McMurray, the capitol of the Canadian tar sands industry, was under a “mandatory evacuation order” last night as a massive uncontrolled wildfire engulfed the city, forcing some 60,000 residents to flee.
- At the beginning of last week, environmentalists celebrated when the largest energy infrastructure company in North America, Kinder Morgan, pulled the plug on its controversial natural gas pipeline which had been proposed through parts of Massachusetts and Southern New Hampshire, called NorthEast Energy Direct.
- Have you ever stopped to think about the moments that we were on the brink of something big? Something that we look back on and find it hard to imagine how it used to be? Cell phones are a good example, or smart phones – the iPhone has only been around since 2007. The internet...
Continue reading 'A dangerous calculus'.
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