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Just two weeks ago the Standing Committee on Environment and Sustainable Development abruptly cancelled a big report on the tar sands and the project's extreme water impacts. The parliamentarians even destroyed draft copies of their final report.
EU lawmakers were today (14 June) accused of watering down landmark climate change legislation in order to allow fuels derived from the controversial Canadian tar sands to be imported into Europe.
Last year the European Commission’s proposals for the Fuel Quality Directive penalised tar sands oil for emitting significantly more greenhouse gases than conventional oil, but following lobbying by the Canadian Government all reference to tar sands has been dropped.
Now a new coalition made up of The Co-operative, WWF, Greenpeace, Friends of the Earth and Transport and Environment, is calling upon the Commission to reverse its decision and will publicly campaign for the European Parliament to reject the proposals in the autumn.
In a letter to the Guardian the Royal Bank of Scotland's spokesman is shown to either be lting or grossly mis-informed about its investments in Canadian tar sands
The £250bn cost of developing Canada's controversial tar sands between now and 2025 could be used to decarbonise the western economy by funding ambitious solar power schemes in the Sahara or a European wide shift to electric vehicles, according to a new report released today.
BP has become the latest oil company to face a shareholder revolt over its investments in Canada’s controversial oil sands. A coalition of shareholders has tabled a resolution for the oil giant’s annual meeting on April 15 highlighting what they describe as the environmental and social risks of tar sands development.
The resolution, which follows a similar action taken by investors in Royal Dutch Shell, follows BP’s announcement last week that it is set to press ahead with a $10 billion investment in the industry. "
Shell chief executive Peter Voser will be forced to defend the company's controversial investment in Canada's tar sands at his first annual general meeting, after calls from shareholders that the project be put under further scrutiny.
A coalition of institutional investors has forced a resolution onto the agenda calling for the Anglo-Dutch group's audit committee to undertake a special review of the risks attached to the carbon-heavy oil production at Athabasca in Alberta.
A huge Chinese tar sands investment has been formally approved by the Canadian Federal government. It's up to Chinese engineers and managers, now, to make the oil extraction and distribution cost-efficient enough to get the desired financial returns. With state-owned China National Petroleum Corp. reporting an investment of up to $1.7 billion in the tar patch they'll have a good shot at it.
"With Canada facing mounting mounting international pressure to confront its sluggish emission reduction record heading into the Copenhagen climate meetings next week, environmental groups this week released yet another unflattering appraisal, this one showing that seven of Alberta’s nine oil sands projects will fail to meet new clean-up rules for the vast tailing ponds located near bitumen refineries."
"Governments and companies making no effort to quantify the real climate impacts
Greenhouse gas emissions from tar sands operations are being significantly under-reported according to new research by Global Forest Watch Canada."
The green mission statements made by the US energy firm amount to nothing when it dirties its hands with tar sands and campaigns against Obama's climate bill
Exploitation of Canada's tar sands, the world's largest proven oil reserves outside Saudi Arabia, is damaging forest and wetland habitats in Canada's northern boreal forest, new research shows. The oil sands development could claim more than 160 million boreal birds, the peer-reviewed study predicts.
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