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Canada: Bitumen's extraordinary and popular delusions

2013-03-09 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

The Tyee: It has been an extraordinary couple of weeks for bitumen mania and related delusions as Canadian politicians and oil executives rally around the Keystone XL pipeline the way drunken bankers once talked up the ill-fated South Sea Company in the 18th century. Canada's Natural Resource Minister Joe Oliver who hawks bitumen better than a seasoned tulip speculator, even dubbed the tarry junk crude a "greener alternative" in a Chicago speech. The very next day Oliver told a Houston crowd they had...

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