In an example of why
tar sands companies» efforts to focus on ways to reduce the carbon intensity of their operations misses some of the equally bad, and more immediate, environmental problems with tar sands extraction, it
There is no requirement for
tar sands companies to return the boreal forest to its natural state, only «an equivalent land capability» capable of supporting one or more uses that «existed prior to any activity being conducted on the land,» even though «the individual land uses will not necessarily be identical.»
This rapid increase in GHGs is because there is not one single federal regulation to limit the amount of GHGs from tar sands development, permitting
tar sands companies to continue to expand production — and greenhouse gas emissions — in perpetuity.
It turns out Canadian
tar sands companies and American conservationists agree on something: The Keystone XL tar sands pipeline would significantly raise America's gas prices.
Though not a formal recommendation, three - quarters of the committee members supported the university divesting from coal and
tar sand companies but not from other fossil fuel industry members.
Not exact matches
The biggest environmental story of the year was the
company's enormous
tar sands pipeline, and the backlash against it — a movement built around a simple idea: If this project is built, we can kiss a stable climate goodbye.
In the face of a court challenge from a broad coalition of environmental and community groups and massive community opposition, the DEC today halted Global
Companies» proposed expansion of its massive Albany oil train facility to handle
tar sands oil.
Besides exploiting its own reserves, the government also owns 67 per cent of the energy
company Statoil, which is investing in Canadian
tar sands, among other projects.
The Canadian energy
company TransCanada wants to build Keystone XL to carry oil from the
tar sands of Alberta, Canada, to Nebraska.
If this happens, a combination of even more subsidies to the oil
companies and technological breakthroughs could easily enable both
tar sands and shale oil - and then we may be really in trouble.
Due to the successful delay of the Keystone XL pipeline, Canadian oil
companies to consider alternate routes for getting
tar sands to market, including the Energy East Pipeline to New Brunswick and the Northern Gateway, which would flow west to Vancouver.
Relationship to Cap & Trade Assume, for the sake of discussion that, outside of a few outer continental shelf areas near the USA, Canada's
tar sands are the only economically useful major new reserves accessible to publicly traded oil
companies.
Well, because
tar sand - extracted oils have a 2X + greater carbon footprint than «conventional oil,» operating margins for producing oil in Alberta will be roughly 1/2 as good as those of the competing state oil
companies, once Cap & Trade is fully implemented.
The
company took to Twitter this afternoon to respond to what it called «allegations» that Exxon isn't liable for the full costs of cleaning up their
tar sands crude spill in Mayflower, Arkansas.
Protesters fear environmental damage, especially from possible oil spills; are frustrated with oil
companies» grip on US politics; and condemn the impacts of
tar sands exploitation on the boreal forest and First Nations in Canada.
It must be noted that it was conducted by firms connected to
companies involved in
tar sands production.
Five
companies in this guide are listed in the latest report looking at who funds extreme fossil fuels, like
tar sands, Arctic oil and coal mining:
We know which oil refineries process
tar sands, and ForestEthics has already convinced 19
companies to stop buying from them.
«Nearly three years after the Kalamazoo river spill,
tar sands pipeline
companies are pushing ahead with major expansion plans without doing due diligence of the risks associated with
tar sands diluted bitumen transport on pipelines....
Like the 2013 historic floods in Calgary that forced the head offices of the oil
companies mining the Alberta
tar sands to go dark and send their employees home, while a train carrying flammable petroleum products teetered on the edge of a disintegrating rail bridge.
As the refining of bitumen from
tar sands mines creates particularly dirty fuel, Valero and the other oil
companies crawling around northern Alberta aren't happy to see California's Global Warming Solutions Act survive Proposition 23.
The massive pile comes from the Marathon Oil
Company's refining of
tar sands at its Detroit refinery, and it's been getting a lot of attention over the past few months.
With most of the world's highest quality resources already exhausted,
companies are turning to formerly undesirable alternatives such as
tar sands oil, which come with higher energetic price tags yet lower returns.
To increase supplies, most
companies are looking to
tar sands in Canada or converting coal or natural gas into liquid fuels, technologies that emit far more carbon dioxide than conventional oil does.
The
company insists its
tar sands production is only 15 % more carbon intensive on a well - to - wheels basis and says it has always played a constructive role in climate - change issues.
Instead of wildcatting in costly, unproven non-conventional fossil fuel technologies such as fracking and
tar sands that add greenhouse gas to the atmosphere, the
company could show foresight and leadership by investing in clean, renewable energy such as wind, solar and geothermal.»
For compulsive watchers of Enbridge Inc., the spill - crazy pipeline
company that wants to pipe
tar sands crude to the Canadian West Coast - or just for students of the barefaced lie - this video can't be beaten.
But this is an area where American
companies have always excelled, and 19 have already made strides to be
tar sands - free.
Companies with fleets of cars and trucks have a critical role to play ensuring that as America raises efficiency and embraces renewable fuels, we also turn away from the dirtiest, most carbon - intensive sources of oil — Canadian
tar sands.
Nineteen U.S.
companies, including Walgreens, Whole Foods, and Columbia Sportswear, have committed to taking action that reflects strong opposition to
tar sands.
«We want to see more British
companies active in the energy supply chain across Canada,» he said, repeatedly pointing to opportunities in Alberta's
tar sands and Western Canada's shale gas reserves.
With a focus on 17 primary target banks, they call on «individuals, businesses, organizations and governments to withdraw their money from these banks» until they stop financing Enbridge, Kinder Morgan and TransCanada, the
companies behind the Dakota Access Pipeline and four proposed new
tar sands pipelines projects.
Dutch Rabobank will now refuse loans to
companies involved in
tar sands and shale gas, citing the long - term financial and environmental risks are too large.
Transporting toxic crude oil — and
tar sands in particular — is inherently dangerous, more so because oil
companies care about profit, not public safety.
In July 2013, Storebrand, a major Norwegian pension fund advisor, excluded from its Energy Sector all 13 coal producers and the 6 oil
companies with the highest exposure to
tar sands «to reduce Storebrand's exposure to fossil fuels and to secure long term, stable returns for our clients...»»
Because until we are sure beyond any doubt that
companies will actually fix faulty pipelines, until we know that public health officials will actually protect our children, until we know what we're dealing with and how to clean it up,
tar sands oil is just too dangerous.
Both were shocked during yesterday's testimony by TransCanada (the
company who wants to build the Keystone XL
tar sands oil pipeline across the US) officials who said, «Diluted bitumen [
tar sands oil] is not any more corrosive than conventional crude.
Jeremy Grantham, a billionaire fund manager who oversees $ 106bn of assets, said his
company was on the verge of pulling out of all coal and unconventional fossil fuels, such as oil from
tar sands.
A number of the involved firms — refineries, storage
companies, etc — are in line to get massive tax breaks related to changes to their facilities to handle the
tar sands.
Video: Robert Redford explains why the
tar sands are good for oil
companies but deadly for the Earth.
Check our humorous dating profiles (citing real - life events) on an ALEC senator in Ohio attacking clean energy incentives and an ALEC senator in Nebraska who was courted on a trip to the
tar sands courtesy of ALEC, oil
companies and the Canadian government.
Moreover, a new environmental review is needed to account for the dramatic changes in the outlook for the
tar sands industry, as lower oil prices and a global movement to address climate change has led Exxon to write down billions of barrels of
tar sands reserves and
companies like Statoil and Total to pull out of the
tar sands entirely.
In other words, the EU, China and Latin America get the oil, the foreign - owned oil
companies get the profits and North Americans are left cleaning up oil spills and shouldering the pollution burden from extracting and refining the dirty
tar sands.
Nineteen major
companies have already adopted policies not to purchase oil from
tar sands, so it's high time that the rest of America's corporations follow suit,» said Michael Bosse of the Sierra Club's Beyond Oil campaign.
that it would no longer be investing directly in new oil and gas pipelines (though it's worth noting that US Bank does continue to provide billions of dollars in «lines of credit» to
companies building
tar sands pipelines).
** By the way, a small research
company has recently demonstrated a new technology to effectively remove 98.8 % of the
tar / oil from tailling ponds while supply clean hot water for adjacent
tar sand operations.
Something like 2,400 American
companies from 49 states already are involved in the development of Canada's oil
sands» — «It's «oil»
sands not «
tar» to be scientific»
We ensure that never again can a
company like BP take a tax deduction for money spent cleaning up its own mess in the Gulf of Mexico, and we close the loophole that lets
tar sands oil pipeline operators avoid paying the oil spill cleanup tax.»
Unless a
company has a specific policy in place not to purchase
tar sands oil, the
company is in practice supporting the destructive
tar sands mining industry that is polluting our water, air, communities, and climate.
With depressed oil prices, the opportunity for oil
companies to expand their reserves through extreme and expensive drilling, like
tar sands and deepwater drilling, have fallen off the business plan drafting table.