Canada’s oil sands industry faces an equal risk from its reputation as an environmental laggard as from high operating costs, industry observers said. The failure to win approval for pipelines like TransCanada Corp.’s Keystone XL and Enbridge Inc.’s Northern Gateway is tied to concerns about carbon emissions with oil production, Ed Whittingham, executive director of […]
Oil industry leader says doing nothing on climate change is not an option
An energy industry heavyweight told a Calgary forum on climate change a healthy environment is key to a health economy–and vice versa. Suncor President and CEO Steve Williams says even though we don’t have all the answers, the time for action is now, doing nothing is not an option.” Other comments from the conference put […]
Comment: Do we need a moratorium on oil sands development?
by Alberta School of Business professors Andrew Leach and Branko Boskovic In a comment published in Nature on June 25, Wendy Palen of Simon Fraser University and a series of co-authors argue that a policy should be imposed in North America such that, “no new oil sands projects should move forward unless developments are consistent […]
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 […]