Press Clipping: Alberta's galloping growth is outpacing Canada's efforts to reduce greenhouse gas emissions. It's Alberta's biggest environmental battle -- to reduce rising greenhouse gases from the oilsands -- and former oil executive Eric Newell is running a global search for some silver bullets. As the U.S. and other industrialized countries are reducing carbon emissions to combat global warming, Alberta's greenhouse gas emissions just keep rising. Those emissions are a major reason why Canada won't meet its international target for 2020, a 17-per-cent reduction in carbon emissions from 2005 levels. "If we want to expand oilsands production as planned -- and get all those economic benefits for Canada and Alberta -- we have to reduce emissions absolutely, not just per barrel," Newell says. "That's the challenge."
In the Media
Press Clipping: U.S. President Barack Obama’s ruling on Keystone XL is becoming more critical for oil-sands producers such as Suncor Energy Inc. and Canadian Natural Resources Ltd. than pipeline builder TransCanada Corp. For large producers like Canadian Natural or Suncor, Keystone XL “is far more important” than for TransCanada, John Stephenson, who helps oversee US$2.7 billion at First Asset Investment Management Inc., including stakes in TransCanada, Canadian Natural and Suncor, said by e-mail Dec. 4.
Press Clipping: An environmental group has reapplied to speak to an oilsands review panel after a court tossed out the Alberta government's attempt to block the organization. The Alberta Oilsands Environmental Coalition is asking the province for a chance to appear at a regulatory hearing into a project proposed by Southern Pacific Resource Corp. to expand an oilsands facility northwest of Fort McMurray. "We oppose the project in its current form and are seeking the opportunity to voice our concerns at a hearing," the coalition said in a letter filed Wednesday.
Press Clipping: Today, the climate damage caused by extracting and burning the tarry bitumen from Alberta's oil sands exceeds the combined CO2 emissions from over 100 nations. The industry plans to double their rate of bitumen extraction within a decade. By 2020 the climate pollution from extracting and burning all this bitumen will exceed the combined CO2 emission from over 140 nations -- home to more than one billion people.
Press Clipping: A new activist group wants to get in on the Kinder Morgan Trans Mountain pipeline debate and has started with a warning that oil spills and pipeline ruptures can devalue property, according to a report issued by the organization that calls itself Conversations for Responsible Economic Development (CRED). The group claims it is not opposed to pipeline development, according to a spokeswoman, but its members feel that potential risks from the Trans Mountain pipeline’s expansion have not been discussed well enough. “The economic benefits are being discussed pretty well, Kinder Morgan is doing a pretty good job of making that case,” Liz McDowell said. “We just want to look at the full (picture of potential risk) in this case.”
Press Clipping: Christopher Ragan, associate professor of economics at McGill University and the David Dodge Chair in Monetary Policy at the C.D. Howe Institute, argues that Harper’s distaste for a carbon tax is not only preventing Canada from achieving its GHG-reduction goals, it’s also an expensive ruse that defies the logic of the market-based policies most economists and environmentalists support.
Press Clipping: Sen. John Hoeven, R-N.D., an outspoken advocate of the Keystone XL pipeline, isn't thrilled to hear that prominent Democratic strategist John Podesta has formally joined President Obama's inner circle at the White House. Podesta's think tank, the Center for American Progress, has been battling the proposed pipeline, and Podesta himself has been critical of the project for years. "It creates a concern," Hoeven told National Journal in the Capitol. "The White House has delayed this for now more than five years. It looks to me if they can find a way to turn it down, that is what they are going to do."
Press Clipping: At first glance, I was all, "Awww cute animals! Charming landscape!" But when I heard what TransCanada is planning to build right through that charming landscape, my reaction was more [angst]. Be sure to stick around past 0:46 to ... hear about the farmers' inspiring story of resistance. Seriously though. It's fantastic.