It might be a new year but it’s the same old dirty tricks from the folks at the very unethical EthicalOil.org They are running an advertising campaign accusing leading Canadian environmental groups of being “front groups” paid by “Foreign special interests”. At the same time they have launched a highly misleading website called www.ourDecision.ca, which … Read More
Keystone XL
Canada can try and sell tar sands to China, but a pig’s still a pig
Canada’s Prime Minister, Stephen Harper threw down the gauntlet yesterday to anti-Keystone XL campaigners when he said Canada would sell its oil to China and other overseas markets if the controversial pipeline does not get approval. In his year-end TV interview, Harper said: “I am very serious about selling our oil off this continent, selling … Read More
Tar sands have trouble ‘getting to market’ – new report
Our latest report, Getting to Market: Emerging Investor Risks in the Tar Sands highlights the latest challenge facing the tar sands industry and warns investors to look more critically at industry’s ambitious claims. Download the full report Tar sands extraction projects are moving forward with increasing pace. The industry ambition is to grow production from … Read More
What now? Reading the tea leaves on Keystone XL
Written by Steve Kretzmann and Lorne Stockman Last week, the Obama Administration announced that it would “examine in depth alternative routes” for the Keystone XL pipeline and that this process “could be completed as early as the first quarter of 2013”. The Administration pledged to consider “all the relevant issues together”, including climate change, energy … Read More
Dead-End Oil
So the Europeans don’t want it. And by delaying the decision on Keystone XL for eighteen months, it looks like Obama and America doesn’t want it either. Despite one of the most aggressive marketing and public relations campaigns ever seen by the oil industry and Canadian government to try and sell the dirty tar sands, … Read More
Keystone delayed: prepare for the industry backlash
With Keystone XL delayed and almost certainly dead in its current form, the industry is a little upset. What we can expect to see over the next days and weeks and on into the election season is a relentless barrage of misinformation and outright attacks on the green movement, the President and anybody who shares … Read More
President Obama sides with the “many over the money” by effectively rejecting Keystone XL
This afternoon, officials at the White House and the State Department announced that they would “examine in depth alternative routes” for the Keystone XL pipeline and that this process “could be completed as early as the first quarter of 2013”. This amounts to an effective rejection of the pipeline. During TransCanada’s third quarter results call … Read More
“Yes we can, stop the pipeline.”
Yesterday, over 12,000 people came from across North America and Canada to the White House to call on President Obama to stop the highly controversial Keystone XL pipeline. The thousands of protesters, some carrying a long black inflatable replica of a pipeline, formed a human chain around the White House. Some chanted “Yes we can, … Read More
How to buy a pipeline? Buy Congress.
As thousands gather around the White House tomorrow to urge President Obama to reject the Keystone XL pipeline, let’s take a minute to look at some of the ways the project has garnered political support so far. Because in the end this is a political decision. A yes indicates support for Big Oil and the … Read More
A Koch Keystone XL Connection?
Rep. Henry Waxman (D-Calif.) recently renewed his request that the House Committee on Energy and Commerce investigate the role of Koch Industries in the Keystone XL pipeline. Waxman, the ranking minority member of the committee, made his request in a letter to committee chairmen Fred Upton (R-Mich.) and Ed Whitfield (R-Ky.). Waxman first asked for … Read More