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Dozens of Canada's tar sands projects on hold as prices fall, analysis shows

2015-05-29 01:01:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Oil companies have frozen dozens of projects in Canadas tar sands, amid falling prices and a rising tide of protest against one of the worlds most polluting fossil fuels. Some 39 projects containing 13bn barrels of oil are currently delayed or on hold, according to analysis by the campaign group Oil Change International published on Friday. The projects a combination of open-cast mines and drilling would pump 7.8bn tonnes of CO2 into the atmosphere if they went ahead, the equivalent emissions...

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