Tag Archives: Alberta oil sands

Alberta’s Tailing Ponds Hold One Trillion Litres Of Toxic Waste

The ECOreport reposts a report on overlooked impact from the oil sands, Alberta’s tailing ponds hold one trillion litres of toxic waste 

Press Release from ENVIRONMENTAL DEFENCE and NATURAL RESOURCES DEFENSE COUNCIL

Ottawa, ON – The volume of oil sands tailing ponds are now over 1 trillion litres, while the cost of cleanup is now greater than total lifetime royalty revenues collected by Alberta from oil sands companies, according to a new report released today by Canada’s Environmental Defence and the U.S.’s National Resource Defense Council.

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Danish Pension Fund Divests From Canadian Oil Producers

The ECOreport reposts a story about potential stranded assets,  Danish Pension Fund Divests From Canadian Oil Producers 

Originally Published on Clean Technica

By Joshua Hill

The fourth largest pension fund in Denmark has apparently divested itself of investments in five Canadian oil producers, and is assessing another 44 oil and gas companies, amidst concerns that fossil fuel companies are at risk of becoming stranded assets and facing long-term heavy financial losses.

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Big Oil Companies Leaving The Tar Sands

The ECOreport reposts another report of the troubled fossil fuel sector,  Big Oil Companies Leaving The Tar Sands

Originally posted on Clean Technica

by

 It looks like the long honeymoon with the world’s most notorious “carbon bomb” is winding down. ConocoPhillips has just announced that it will join a growing list of major oil companies that are selling off Canadian tar sands oil assets. It looks like the company doesn’t see much of a future in Canadian tar sands oil…or does it?

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Business Case For Keystone XL Unclear

The ECOreport reposts an OP-ED from Alberta, Business Case For Keystone XL Unclear

Originally Published on University of Alberta News

By Lesley Young

After all the controversy about TransCanada’s proposed Keystone XL expansion, it may be market pressures that seal the project’s fate.
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Poll Finds Canadians Expect Federal Action Against Emissions

The ECOreport looks at what the nation thinks Prime Minister Trudeau should do,  poll finds Canadians expect Federal curbing against emissions

By Roy L Hales

screen-shot-2014-03-18-at-3-43-47-pmWhat do the people of Canada think? The oil rich provinces of Alberta and Saskatchewan want to build more pipelines to carry diluted bitumen from the oil sands. The Liberal government of British Columbia dreams of  developing a “trillion dollar” LNG opportunity. Prime Minister Justin Trudeau appears to be appeasing them, in return for provincial support for a national plan to curb Canada’s C02 emissions. The goal is to reduce our emissions to 30% below the 2005 level by 2030, but the concessions inherit in Trudeau’s collaborative approach could subvert any attempt to tackle climate change. A new poll finds Canadians expect Federan action against emissions.
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Overshooting Our Planet’s Resources

The ECOreport interviewed Greenpeace co-founder Rex Wyler about the role hydrocarbons have had in our civilization, climate change and how humanity is overshooting our planet’s resources. 

By Roy L Hales

Screen-shot-2014-03-18-at-3.43.47-PMRex Wyler spoke of a wolf pack that found a valley full of deer. Initially, they flourished and grew plentiful. Only they were too successful. They eventually ate all the deer and there was no food left for the wolves. Humanity is in a similar situation, overshooting our planet’s resources.

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Will Trudeau Protect Canada’s Environment?

The ECOreport looks at the Canadian government’s announcement of a comprehensive review of environmental and regulatory processes. Will Trudeau protect Canada’s environment?

By Roy L Hales

Screen-shot-2014-03-18-at-3.43.47-PMCanada’s new government faces tough challenges. They were elected on a wave of frustration with the previous regime’s petro-politics. Understandably, the oil and gas industry was “very concerned.” Up until now, corporate concerns have taken a priority over the welfare and desires of ordinary Canadians. Yesterday, the government announced a comprehensive review of environmental and regulatory processes. Will Trudeau protect Canada’s environment?

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Vancouver Talking Pipelines With Trudeau

The ECOreport looks at the news  the Mayor & First Nations leaders have gone to Ottawa, Vancouver Talking Pipelines With Trudeau

By Roy L Hales

Screen-shot-2014-03-18-at-3.43.47-PM1With Alberta’s economy stalling,  Premier Rachel Notley “needs” a pipeline to transport diluted bitumen from the oil sand to export terminals on the coast. She is “interested in both the proposed expansion of Kinder Morgan’s TransMountain line,” through British Columbia’s most populated area, and an Energy East pipeline to the Atlantic Coast.” According to Natural Resources Minister Jim Carr, her pitch to the federal cabinet members on retreat in Banff received a standing ovation. Only the proposed Trans Mountain expansion is not popular in B.C. and now there is news of Vancouver talking pipelines with Trudeau.
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Renewable Energy Does Not Change Corporate Capitalism

The ECOreport reposts an Op-ED pointing out that Renewable Energy Does Not Change Corporate Capitalism

Originally Published on Local Futures

By Steven Gorelick

Among climate change activists, solutions usually center on a transition to renewable energy. There may be differences over whether this would be best accomplished by a carbon tax, bigger subsidies for wind and solar power, divestment from fossil fuel companies, massive demonstrations, legislative fiat or some other strategy, but the goal is generally the same: replace dirty fossil fuels with clean renewable energy. Such a transition is often given a significance that goes well beyond its immediate impact on greenhouse gas emissions: it would somehow make our exploitative relationship to Nature more environmentally sound, our relationship to each other more socially equitable. In part this is because the fossil fuel corporations – symbolized by the villainous Koch brothers – will be a relic of the past, replaced by ‘green’ corporations and entrepreneurs that display none of their predecessors’ ruthlessness and greed.

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Only Notley/Trudeau Could Build A Pipeline?

The ECOreport reposts the Op-Ed: Only Notley/Trudeau could build a pipeline?

Editor’s Note: Given the difficulties of cleaning up a major bitumen spill AND the planet’s average global temperature rise pushing 1.5C, I personally find the prospect of a new pipeline coming to BC terrifying. That said, it is sometimes interesting to read what the other side has to say about these issues. 

Originally Published on the Fraser Institute

By Kenneth P Green

The Americans have a saying: “Only Nixon could go to China.” What they mean by that was that, ironically, only a conservative president with strong record of anti-communism could allay conservative opposition to opening discussions with China’s communist government. Could the Canadian version of that saying turn out to be, “Only Notley/Trudeau could build a pipeline?”

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