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Tar sands supporters suffer setback British Columbia rejects pipeline

2015-01-09 00:31:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Efforts to expand production from the Alberta tar sands suffered a significant setback on Friday when the provincial government of British Columbia rejected a pipeline project because of environmental shortcomings. In a strongly worded statement, the government of the province said it was not satisfied with the pipeline company's oil spill response plans. The rejection of the pipeline which was to have given Alberta an outlet to Pacific coast ports and markets in China further raises the...

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Limiting tar sands, coal, Arctic oil key 2°c goal

2015-01-08 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Climate Central: The most efficient way of meeting the world's most prominent climate goal would involve ending all Arctic oil drilling plans, drastically curbing tar-sands oil mining in Canada, and leaving most of the world's remaining coal reserves in the ground. That's according to a new study that aimed to determine how best to limit the burning of different fuels to meet the international goal of holding global warming to less than 2°C, or 3.6°F. The goal was established during United Nations climate negotiations,...

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With sub-$60 oil, fracking and tar sands losses threaten financial system

2014-12-17 10:56:00| Climate Ark Climate Change & Global Warming Newsfeed

Ecologist: A new financial crisis is threatening to dwarf the 'subprime' mortgage debacle, writes Paul Mobbs. Cheap money from central banks has fuelled some $1.3 trillion of risky investments in high-cost 'unconventional' oil and gas. Now, with oil sinking below $60, all that paper is turning to junk - and that's putting the entire economic system at risk. Throwing free money after bad, the US fracking industry mopped up a large wad of QE cash, and shortly after the number of drilling rigs in the US took...

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EU vote puts Canadian tar sands label back on agenda

2014-12-03 17:25:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Europe moved a step back towards a plan to stigmatize Canada's tar sands as highly polluting on Wednesday, despite years of Ottawa's lobbying the EU bloc as part of its export drive. European Parliament lawmakers put the plans back on the agenda by voting against the EU executive's proposal to abandon the scheme. The veto vote was passed at committee level, meaning it still has to get through a full session of the European Parliament in the coming weeks in order to force the European Commission...

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Canadian Author Donates Prize Money Fight Tar Sands Pipeline, Inspires Outpouring Cash

2014-11-26 06:00:00| Climate Ark Climate Change & Global Warming Newsfeed

ThinkProgress: The North American anti-pipeline movement just received a significant injection of financial and psychological energy, and it started with a book award. On Sunday, 24-year-old Quebecois activist and author Gabriel Nadeau-Dubois donated a CA$25,000, or just over $22,000, literary prize to an anti-pipeline citizen`s group. The group is part of a consortium fighting the controversial Energy East pipeline project that would bring oil from the tar sands in Canada`s western provinces nearly 3,000 miles...

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