Home › Canada: Climate change fight will hamper oil sands returns: Statoil exec
 

Keywords :   


Canada: Climate change fight will hamper oil sands returns: Statoil exec

2015-06-12 03:53:00| Climate Ark Climate Change & Global Warming Newsfeed

Globe and Mail: Financial returns in the oil sands stand to weaken under the most sweeping efforts to fight global climate change, a top oil producer said Thursday, as some of the industrys leading companies call for increased carbon fees. Statoil ASAs chief economist said that high-cost projects in oil sands and ultra deepwater deposits would struggle to adapt should the industrialized world move aggressively to limit global warming by no more than 2 C above preindustrial levels. Eirik Waerness said such an...

Tags: change canada returns oil

Category:Electronics and Electrical

Latest from this category

All news
»
05.10Atlantic Tropical Weather Outlook
05.10Tropical Storm Milton Update Statement
05.10Summary for Tropical Storm Milton (AT4/AL142024)
05.10Eastern North Pacific Tropical Weather Outlook
05.10Tropical Depression Fourteen Graphics
05.10Tropical Depression Fourteen Forecast Discussion Number 1
05.10Tropical Depression Fourteen Wind Speed Probabilities Number 1
05.10Tropical Depression Fourteen Public Advisory Number 1
More »