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Enbridge to develop two pipelines for total of $3B in Canadian oil sands

2013-10-31 10:30:13| Green Car Congress

Tags: total develop oil canadian

 

Canada: Oil Sands Prevail Even if Most Carbon Becomes 'Unburnable': Suncor

2013-10-30 11:57:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: The phrase unburnable carbon has gained currency among climate-minded investors, popularized by a U.K.-based nonprofit called the Carbon Tracker Initiative. It refers to the vast fossil-fuel reserves that, if burned, would probably push the global climate into the danger zone. Some investors are concerned that stock-market valuations would plummet if oil companies continue to spend hundreds of billions of dollars on exploration while the world lunges away from oil. Last week, a coalition of...

Tags: canada oil carbon sands

 
 

US Oil Sands Closes $81 Million Strategic Financing

2013-10-28 18:20:00| OGI

Blue Pacific Investments Group Ltd., Anchorage Capital Group LLC, and Spitfire Ventures LLC and certain accredited investors were the strategic investors.

Tags: million oil strategic financing

 

GE drops legal fight over running tar sands megaloads on Idaho highway

2013-10-25 19:46:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: A General Electric Co subsidiary has dropped its appeal of a federal court order barring a massive shipment of tar sands oil-field equipment from being trucked along a scenic Idaho roadway that cuts through the Indian homelands of the Nez Perce Tribe. The company's legal capitulation was hailed by tribal officials and environmental groups as a major victory in their three-year struggle against so-called megaload transports, a dispute at the forefront of a larger battle over oil and gas development...

Tags: legal running fight highway

 

Canada: Keystone XL and Canadian tar sands are incompatible with solving climate change

2013-10-25 07:44:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: The exploitation of the tar sands in Alberta, Canada - which may contain more oil than the entire world has consumed to date has attracted considerable controversy lately. Massive expansion of tar sands operations are planned, but this cannot happen if many new pipelines out of landlocked Alberta are not built. Two such pipelines Enbridge Northern Gateway and Kinder Morgan Transmountain would cross through British Columbia and have ignited such fierce opposition that they have little prospect...

Tags: change canada canadian climate

 

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