Climate Change / Emissions

Athabasca Oil Sands, Greystar, Nexen: Canadian Equity Preview
May 31, 2010, 8:27 AM EDT

By Matt Walcoff

May 31 (Bloomberg) -- Shares of the following companies may have unusual moves in Canadian trading. Stock symbols are in parentheses.

Athabasca Oil Sands Corp. (ATH CT): PetroChina Co.’s partner in Canadian oil sands development received an “outperform” rating in new coverage from Justin Bouchard of Raymond James Financial Inc. The company “represents one of the most attractive acquisition candidates in the oil sands space,” the analyst wrote in a report.

New pipeline won't sate Asian oil demand -Enbridge
Mon May 31, 2010 5:08pm EDT

CALGARY Alberta, May 31 (Reuters) - The planned C$5.5 billion ($5.3 billion) Northern Gateway pipeline will not be big enough to satisfy demand for Canadian oil sands crude from Pacific Rim nations, Enbridge Inc (ENB.TO), the line's backer, said in regulatory filings.

Reactions to Canadian Boreal Forest Agreement
Officials, First Nations, activists offer praise, criticism
May 26, 2010

The announcement of the Canadian Boreal Forest Agreement has sparked a mix of sweeping pronouncements and passionate reactions. Below, we have compiled a small sampling.

Readers are invited to post additions in the comments sections at the bottom of the page.

"The Ontario government is encouraged to see environmental groups and forest companies working together to help develop a plan that would lead to both a healthy and a prosperous Canadian forest."

The Canadian Boreal Forest Agreement Reconsidered
ENGOs sign over right to criticize, companies continue to log caribou habitat

by Dawn Paley
May 26, 2010

The Dominion - http://www.dominionpaper.ca

VANCOUVER—Last week’s announcement of the Canadian Boreal Forest Agreement (CBFA) was celebrated by environmental groups as a historic deal that could save a significant amount of sensitive woodland caribou habitat.

Chinese firm buys $435-million stake in Penn West to form oilsands joint-venture
Thu May 13 2010
Lauren Krugel
The Canadian Press

CALGARY — China is making yet another push into Alberta’s oilsands, taking on a five per cent stake in Penn West Energy Trust and inking a joint-venture to develop some of the Canadian oil heavyweight’s land.

PIPELINE
Potential piping project opens debate

Jennifer Johnson
Orange County Editor

A proposed pipeline funneling what skeptics call "dirty oil" into Southeast Texas from the tar sand mines of Canada has drawn criticism from some Beaumont/Port Arthur residents, the local branch of the Sierra Club and the Texas office of Public Citizen, but officials working with the unconventional crude say the majority of what is being said is hyperbole at best.

Environmentalists join ranchers in opposing Keystone XL oil pipeline

Andrea J. Cook Journal staff | May 13, 2010

U.S. Department of State

Environmentalists did most of the talking at a public hearing on the Keystone XL Pipeline in Faith Thursday.

Muddy roads and calving season may have kept area landowners from attending, but a couple landowners stood to comment on the Draft Environmental Impact Statement for Keystone XL, while others preferred to sit and watch.

New report slams oil sands
BP process in Whiting called 'destructive'
May 20, 2010
BY GITTE LAASBY,

When BP Whiting starts processing more Canadian oil sands, residents near the refinery will experience more pollution and health effects from it, according to a new report by a coalition of environmental groups.

Boreal Forest Conflicts Far From Over
Mainstream enviros, timber industry shut First Nations out of "historic" deal

by Dawn Paley
May 18, 2010
Vancouver.Mediacoop.ca

Timber companies and environmental organizations came together Tuesday to announce the Canadian Boreal Forest Agreement, which they say could protect a swath of boreal forest twice the size of Germany, and maintain forestry jobs across the country.

"This is an agreement between the two principle combatants over logging," said Steve Kallick, director of the Boreal Conservation campaign of the Pew Environment Group.

Tar sands oil extraction spreading rapidly, report warns

Friends of the Earth reports says extraction threatens environment as well as vulnerable communities

* Terry Macalister
* The Guardian, Monday 17 May 2010

The successful development of Canada's tar sands has triggered a rush by Shell and other oil companies to set up similar operations in Russia, Congo and even Madagascar, a new report reveals.