LONDON, February 25 — In a major blow to the oil sands industry Royal Dutch Shell has announced it is dropping plans to build a new mine in northern Alberta, the latest in a slew of project cancellations by oil companies forced to cut spending due to a sharp drop in oil prices. (carbontracker.org)
What did happen was exactly the opposite: the Solar Energy Industries Association came down on Suniva and SolarWorld like a ton of bricks, claiming that tariffs and floor prices would be a stab in the chest for the U.S. solar industry, leading to project cancellations worth billions of dollars and massive layoffs, to the tune of a third of the total number currently employed in the industry. (oilprice.com)
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