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IEEFA
Bloomberg: Capital keeps marching out of Canada’s oil industry, with Kinder Morgan Inc.’s sale of its remaining holdings in the country on Wednesday adding to more than $30 billion of foreign-company divestitures in the past three years. Pembina Pipeline Corp., based in Calgary, is snapping up Kinder’s Canadian assets and a cross-border pipeline in a […]
Tom Sanzillo
Good intentions aren’t the same as good strategy. In a column the other day in the weekly Hill Times of Toronto, Robert L. Evans, a professor emeritus at the University of British Columbia, suggested that Keystone XL opponents have been wasting their time. “The protest groups would have a much greater impact on the sustainability […]
IEEFA
Bloomberg reports this morning on the declining prospects for Canadian tar-sands development as the price of oil falls. Excerpts from the article by Joe Carroll: “Dangerous and difficult oil fields that looked like goldmines when crude fetched more than $100 a barrel have turned into money pits.” “Even before the oil market collapse began in […]
IEEFA
“ENERGY FIRMS IN SECRETIVE ALLIANCE WITH ATTORNEYS GENERAL” IS THE WEEKEND BLOCKBUSTER in the New York Times documenting how AGs in “at least a dozen states” have received $16 million in donations this year from the oil, gas, and coal industry and have been working closely with those donors to advance their business interests. A […]
Deborah Lawrence
By DEBORAH ROGERS The tar-sands industry faces numerous vulnerabilities, none of which appears insurmountable on its own. Taken as a whole, however, these vulnerabilities create a daunting constellation of risks, as we explained last week in a report we published. That report, which we published with Oil Change International, examined the top 10 large tar-sands […]
IEEFA
IEEFA IS OUT THIS MORNING WITH A REPORT ON THE GROWING “Constellation of Risks” facing the oil-production development of tar sands. The full report is posted just below this item. Here’s the text of the press release: Report: Tar Sands Producers Face a Growing ‘Constellation of Risks’ as Public Opposition Hits Industry’s Bottom Line
$31 Billion […]
IEEFA
Material Risks: How public accountability is slowing tar sands development (pdf) By: Tom Sanzillo (IEEFA), Lorne Stockman (Oil Change International), Deborah Rogers (Energy Policy Forum), Hannah McKinnon (Oil Change International), Elizabeth Bast (Oil Change International), and Steve Kretzmann (Oil Change International)
IEEFA
IEEFA HOLDS A PRESS CONFERENCE TOMORROW in conjunction with its release of a report describing how Canadian tar sand oil production is threatened by a “growing constellation of risks.” The report, done in partnership with Oil Change International, is titled “Material Risks: How Public Accountability Is Slowing Tar Sands Development,” and comes out at 11 […]
In the New Energy Economy, Public Accountability Is a Market Force
Good intentions aren’t the same as good strategy. In a column the other day in the weekly Hill Times of Toronto, Robert L. Evans, a professor emeritus at the University of British Columbia, suggested that Keystone XL opponents have been wasting their time. “The protest groups would have a much greater impact on the sustainability […]