Natural Resources Minister Seamus O'Regan says Canada will look “very closely” at whether to tighten rules around a potent form of carbon pollution if “future data and modelling” convinces him it’s warranted.
Proponents of a $22-billion railway linking Alberta and Alaska can start work on a host of Canadian and U.S. approvals it will require after Donald Trump announced that he will issue a presidential permit allowing the border crossing.
Reflections from my first day living in the tree tops above Holmes Creek. The aim of this occupation is to protect and defend the trees, land and waters from needless destruction, to preserve the salmon run of the Brunette, and thus the ecosystem function of the region. The Trans Mountain Expansion has lost its relevance, its costs have ballooned, its markets are drying up, and now even its insurers are dropping it.
Today's resignation of Canada's finance minister, Bill Morneau, has been the talk of the chattering classes in Ottawa and Toronto.
But here in southwestern B.C., he'll always be remembered as the man who forced an economically absurd pipeline on residents of this region, including the Coast Salish peoples.
July 31, 2020 - French colossal fossil Total sent a shockwave through the Alberta oilpatch Wednesday with the announcement that it is writing off C$9.3 billion in assets in the tar sands/oil sands, including $7.3 billion in the Fort Hills mine, which opened just 2½ years ago, and the Surmont thermal oilsands project.
Frankfurt-based Deutsche Bank is joining a lengthening list of European lenders and insurance companies that say they won't back new oilsands projects.
The German bank said Monday its new fossil fuels policy will also prohibit investing in projects that use hydraulic fracturing or fracking in countries with scarce water supplies, and all new oil and gas projects in the Arctic region.
