Two big carbon emitters Capital Power and Shell, are showing support for Alberta’s plan to strengthen its greenhouse gas rules. Capital Power CEO Brian Vaasjo expects more green energy investment as a result of the steps being taken by Alberta’s New democrat government. “Not only is it the right thing to do, it’s the right […]
Set to play a bigger role in climate change battle
The Canadian Association of Petroleum Producers (CAPP) has reported Canada’s oilsands producers are prepared to take a greater leadership role on climate action as part of the growing global intention to reduce greenhouse gas emissions. Tim McMillan, CAPP President said, “Alberta has world class energy resources and oilsands companies are committed to developing world class […]
Oil price downturn has potential to bring out best in the industry
The plunging price of a barrel of oil has the industry in North America and other parts of the world scrambling to cover costs. At the World Heavy Oil Congress now underway in Edmonton, Alberta, those in attendance heard from ARC Financial Corp’s VP, Jackie Forrest that companies “are at the threshold or below where they need […]
Shell says Canada oil sands projects may not meet waste targets
The head of Royal Dutch Shell’s Canadian unit says the company may not be able to meet promised targets for reducing toxic wastes from oil sands Shell, which operates two major oil sands surface mines in Alberta, had committed to cutting the amount of waste generated by its Canadian heavy oil extraction projects, but producers […]
A dubious first for Canadian Natural Resources
Canadian Natural Resources, Ltd. has admitted a series of never-ending spills on its property could be caused, or at least exacerbated, by its own high-pressure steaming. It’s the first time the company has admitted this, despite fact environmentalist critics have been saying it for years. And 5 years ago the Energy Resources Conservation Board (regulator […]
Comment: Foreign money working against pipelines
Now Northern Gateway has been approved by the federal government, it’s time to turn the page and wait for U.S. President Barack Obama to approve the Keystone XL pipeline. Obama’s supporters come from several interest groups, and the environmentalist movement is one of the largest. It contributed millions of dollars to his campaign, with the […]