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Meet the Man Selling Canada's Oil Sands to Washington
2013-02-18 06:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Globe and Mail: Ottawa is quietly using a well-connected Conservative MP as a direct liaison with the U.S. Congress to help build support for the Keystone XL pipeline project and a raft of other Canadian priorities in Washington. Rob Merrifield is operating on a mandate letter from Prime Minister Stephen Harper that instructs him to represent Canadian interests to the legislative branch of the U.S. government on everything from the oil-sands crude pipeline to speeding the passage of trade through heavy American...
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Why Canada's Oil Sands Industry Wants the CO2 Tax That Harper Hates
2013-02-04 06:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Bloomberg: Canadian Prime Minister Stephen Harper has vilified political opponents who support a tax on carbon-dioxide emissions. The oil-sands industry, Canadas fastest growing CO2 polluter, says hes out of step. The contradiction of an industry seeking a new tax on itself has emerged in energy-rich Canada because producers are concerned the crude they process from tar-like sands will be barred from foreign markets for releasing more carbon in its production than competing fossil fuels. Oil companies...
Pressure builds for Obama to link oil sands pipelines to climate change
2013-02-04 02:53:00| Climate Ark Climate Change & Global Warming Newsfeed
InsideClimate: President Obama hasn't publicly drawn a connection between climate change and the Keystone XL pipeline, but new pressure is building on him and other officials to connect those dots. Protests are springing up from Maine to Washington, D.C., to Oklahoma urging leaders to stop the Keystone XL and other oil sands import projects on climate change grounds. The Texas-bound Keystone XL is the biggest of many projects being proposed to connect Canada's oil sands to U.S. refineries and export ports. Protesters...
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Imperial Oil ups costs of Kearl oil sands initial development 18% to $12.9B
2013-02-03 15:30:14| Green Car Congress
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Canadian Oil Sands Profit Hit by Crude Price Gap
2013-02-01 06:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Canadian Press: Canadian Oil Sands Ltd., which owns the biggest piece of the massive Syncrude oil sands mine in northern Alberta, posted a dip in fourth-quarter profits as its crude fetched a lower price. The Calgary-based company says net income was $221-million, down from $232-million a year earlier. The earnings amounted to 46 cents a share, down from 48 cents per share a year earlier and missing the average analyst estimate of 50 cents per share, according to Thomson Reuters. Cash flow from operations...
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