The shine has come off the oil sands, as more investors have started to question
whether oil sands development is really a sure thing, particularly at the speed projected by bullish petro - boosters.
Not exact matches
«There's a question of
whether going along with the approval of the Northern Gateway pipeline will make LNG
development in B.C. more challenging by angering First Nations so adamantly opposed to the
oil sands pipeline,» said George Hoberg, a professor at the University of British Columbia's school of forestry and founder of UBCC350, a group pressing for action on greenhouse gas emissions.
From a strictly legal perspective, the relevant question is not
whether there is a sufficient connection to any particular existing or proposed
oil sands development or other production activity, and certainly not
whether such projects or activities were included in the Terms of Reference (ToR), but rather simply
whether the GHGs associated with the production of bitumen that will be transported by the NGP are an «environmental effect» of that project (see NGP Report, Volume II, Appendix 4, Terms of Reference, which defines «environmental effect» very broadly to mean «any change that the project may cause in the environment.»
So, while a boycott —
whether of tourism or of
oil sands products — might be, in and of itself, ineffectual in halting
oil sands development, it may still contribute to a more challenging business case for future
oil sands projects.
Slash
oil demand and
oil sands development goes away; keep
oil demand on its current trajectory and we've got huge climate problems regardless of
whether Keystone XL is approved.
Two consulting firms provided State Department with key analysis of
whether the pipeline would speed
development of Canada's
oil sands.
IHS CERA's new environmental assessment of the Keystone XL pipeline and pipeline - related
oil sands development sends a pretty clear message to President Obama as he decides
whether to approve the full project's construction: There's not a climate rationale for rejecting the pipeline — and along with it, tens of thousands of U.S. jobs, economic uplift and greater energy security.