Posts Tagged ‘Canada’

Canada’s submission to UN climate change conference ‘deceitful’: critics

Tuesday, April 1st, 2008
posted by admin

OTTAWA – The Harper government is being accused of misleading the world about the toughness of its plan to force industry to bury greenhouse gas emissions underground.

Opposition parties and environmental groups say a submission made by Canada to a United Nations climate change conference this week in Bangkok is “deceitful” since it suggests the government is imposing immediate reductions in pollution through the deployment of new technology, when in fact, there are no regulations in place.

Read the story here:

http://www.canada.com/montrealgazette/news/story.html?id=f6d9ed61-44ba-411d-bac8-f64655283d61&k=84923

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Flaws in Canadian climate plan will increase emissions

Monday, March 31st, 2008
posted by admin

Harper standards are ‘smoke and mirrors’

Ottawa (31 March 2008) – Major flaws in the federal government’s climate change plan will allow greenhouse gas emissions to grow and lets the polluting oil sands industry off the hook, according to analysis from the Climate Action Network – Canada.

Earlier this month, Environment Canada updated its framework on how it plans to regulate the greenhouse gas emissions created by large industries. The federal government claims new measures in the regulatory framework show it is getting tough on industrial pollution and making the large emission cuts needed to get global warming under control.

Read the story here:

http://www.nupge.ca/news_2008/n31ma08a.htm 

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Canadians souring on Alberta oil sands

Thursday, March 27th, 2008
posted by admin

CALGARY, Alberta, March 25 (UPI) — Half of Canadians want Alberta’s oil sand development slowed over environmental concerns, a poll published Tuesday indicated.

The Environmental Defense group commissioned the poll of 1,014 people March 7-10, and 52 percent said expansion of oil production should not be given federal approval until “environmental management issues are resolved,” compared with 32 percent who said they should be “permitted so as not to curb economic growth,” the Calgary Herald reported.

Read the story here:

http://www.upi.com/NewsTrack/Top_News/2008/03/25/canadians_souring_on_alberta_oil_sands/7119/ 

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Awash in cash, Canadian oil patch braces for changes

Sunday, March 16th, 2008
posted by admin

CALGARY, EDMONTON — As Alberta’s oil sands reach a global scale, they are facing ever tougher environmental scrutiny and now, a new volley of federal legislation. Ottawa yesterday afternoon unveiled draft rules that would require projects starting operations in 2012 and beyond to reduce greenhouse gases, largely through carbon capture technology.

For oil producers, the bottom-line impact of the still sketchy draft legislation is difficult to assess.

Read the entire story here:

http://www.theglobeandmail.com/servlet/story/RTGAM.20080310.r-carbon11/BNStory/Business

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TransCanada pipeline clears key hurdle

Sunday, March 16th, 2008
posted by admin

TransCanada Corp. has secured a major boost to its plans for the long-awaited $5.2-billion Keystone oil pipeline, securing a U.S. presidential permit that allows the construction of the gargantuan infrastructure project.While TransCanada must still secure some approvals from U.S. states, getting the presidential permit was considered to be the largest regulatory hurdle to getting Keystone approved. The company expects the pipeline, which will be the most expensive yet built by TransCanada, to open up a vast, untapped market in the southern U.S. for Canadian producers, creating new buyers and improving price stability for crude from Alberta’s oil sands.

Read the entire story here:

http://www.theglobeandmail.com/servlet/story/LAC.20080315.RTRANSCANADA15/TPStory/Business 

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Canadian banks get credit for progress on climate change

Thursday, March 13th, 2008
posted by admin

Canada’s Big Five banks have woken up to the impact their financing has on climate change, according to a report released Wednesday by The Ethical Funds Company.

But some are doing better than others, says the report by the socially responsible mutual fund.

TD Bank and Royal Bank come out on top of the ratings, with policies and practices on lending that address climate change. Bank of Montreal is at the bottom, offering little evidence it considers the environment in its lending portfolio.

Read the entire story here:

http://www.canada.com/edmontonjournal/news/business/story.html?id=38fb2a0f-b7c6-45a3-83f6-e42199bd35a7&k=84284

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MATL: Hearing generates criticism

Thursday, March 13th, 2008
posted by admin

A public hearing on what would be the first merchant transmission line between Canada and the United States drew 100 residents to Great Falls on Tuesday, with economic development officials and elected officials singing its praises and farmers raising concerns.

The $150 million Montana Alberta Tie Line would stretch 230 miles — 129 of them in Montana — between Great Falls and Lethbridge, Alberta. It’s being proposed by Montana Alberta Tie Ltd., a wholly owned subsidiary of Toronto-based Tonbridge Power Inc.

Read the entire story here:

http://www.greatfallstribune.com/apps/pbcs.dll/article?AID=/20080312/NEWS01/803120304/1002


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Canadian power industry faces revamp

Thursday, March 13th, 2008
posted by admin

Ottawa’s massive planned changes to emission regulations for power producers and oilsands projects have the potential to remake Alberta’s generation industry — and scare investment from bitumen extraction and upgrading, experts said Tuesday.

In Alberta’s coal-reliant generating sector, the changes — to require coal-fired generators to capture and sequester their significant carbon dioxide (CO2) emissions — are expected to give a big boost to natural-gas-fired projects and provide a double benefit to wind, which is already the focus of a frenzy of projects.

Read the entire story here:

http://www.canada.com/calgaryherald/news/story.html?id=b6efe0e5-c6d4-4720-b838-ff8ff384bd95&k=81868

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Canada energy deals face uphill battles

Thursday, March 13th, 2008
posted by admin

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Read the entire story here:

http://www.theglobeandmail.com/servlet/story/RTGAM.20080312.wroildeals13/BNStory/energy/home

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US law could interrupt flow from Canada’s oil sands: Ottawa

Tuesday, March 11th, 2008
posted by admin

OTTAWA (AFP) — Canada is warning that new US legislation could prohibit its southern neighbor from buying fuel from its oilsands with “unintended consequences for both countries,” officials said Monday.

“The government of Canada has concerns about how section 526 of the December 2007 US Energy Independence and Security Act could be interpreted to include Canadian oil sands,” Eugenie Cormier-Lassonde, a spokeswoman for Canada’s foreign affairs department, told AFP.

Section 526 of the law prohibits the US government from procuring alternative fuels with higher lifecycle greenhouse gas emissions than conventional petroleum sources.

Read the entire story here:

http://afp.google.com/article/ALeqM5iuOuRHt_VoS9xYTa6CbLE5Td1UMQ 

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