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Koch brothers' company files to develop oil sands project

2014-05-24 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Globe and Mail: The Canadian oil arm of the conglomerate owned by the U.S. billionaire Koch brothers has begun initial regulatory work on a multibillion-dollar oil sands project after an asset-sales effort two years ago left it holding a number of leases. Koch Oil Sands Operating LLC, the Calgary-based unit of Koch Industries Inc., has made an initial filing with Alberta regulators and has been in consultation with the nearby Fort McKay First Nation regarding the proposed development. "We intend to develop...

Tags: company project files develop

 

Mainers join nationwide tar sands protest

2014-05-17 16:19:00| Climate Ark Climate Change & Global Warming Newsfeed

WCSH: A large group in Maine joined protesters across the country in a nationwide day of action against dirty fuels. More than 100 protests took place Saturday, focusing primarily on sending a message to President Obama not to approve the proposed Keystone XL Pipeline. The pipeline would carry crude oil from Canada's tar sands in Alberta through the midwest to refineries in the Texas Gulf Coast. It's an issue people in Maine have watched closely, because of the fear of tar sands oil flowing through...

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Environmental groups in Portland to oppose tar sands oil and Keystone XL pipeline

2014-05-17 07:28:00| Climate Ark Climate Change & Global Warming Newsfeed

Associated Press: Environmentalists will rally at the Deering Oaks Park bandshell in Portland to oppose the Keystone XL oil pipeline and the shipping of tar sands oil through Maine. The event is part of the nationwide "Day of Action Against Dirty Fuels" and is scheduled for 11 a.m. Saturday. The rally is co-sponsored by a host of Maine environmental groups and will include speakers such as Portland Mayor Michael Brennan and Phil Coupe of Revision Energy. Environmental groups including the Sierra Club oppose the...

Tags: groups oil environmental portland

 

Report Finds Investments in Albertas Tar Sands Make Neither Economic Nor Climate Sense

2014-05-08 19:07:00| Climate Ark Climate Change & Global Warming Newsfeed

EcoWatch: A total of $1.1 trillion USD earmarked for risky carbon-intensive oil sector investments need to be challenged by investors, according to a new report released today by the Carbon Tracker Initiative. The research identifies oil reserves in the Arctic, tar sands and in deepwater deposits at the high end of the carbon/capital cost curve. Projects in this category make neither economic nor climate sense and wont fit into a carbon-constrained world looking to limit oil-related emissions, Carbon Tracker...

Tags: make report sense economic

 

VIDEO: Sands China hits jackpot in Macau

2014-05-06 03:11:32| BBC News | Business | UK Edition

Sands China owns the world's two largest casinos in the Chinese territory of Macau and seems to have struck a winning hand again.

Tags: video china hits macau

 

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