Archive for September 20th, 2012

Canada: Koch Brothers Cashing In 220,000 Acres of Tar Sands Holdings

Inside Climate News: A Canadian division of Koch Industries is reviewing a range of offers to buy up to 220,000 net acres of its many undeveloped oil sands properties within Alberta's vast reserves of oil sands. The company, Calgary-based Koch Oil Sands Operating ULC, said in June it was looking for strategic investors to help accelerate production on six properties held by the limited partnership Koch Exploration Canada. The company later said it would entertain offers to acquire the entire Koch Exploration partnership...

Climate change threatens nature from coffee to Arctic fox-forum

Reuters: Climate change is a threat to everything from coffee plantations to Arctic foxes and even a moderate rise in world temperatures will be damaging for plants and animals in some regions, experts said on Wednesday. Habitats such as coral reefs or the Arctic region were among the most vulnerable to global warming, scientists said at a conference in Lillehammer, south Norway, organized by the Global Biodiversity Information Facility (GBIF). Almost 200 governments agreed in 2010 to a goal of limiting...

MPs’ call to halt Arctic drilling amid safety concerns

BBC: A committee of MPs has called for a halt on drilling for oil and gas in the Arctic until safety is improved. They say current techniques for dealing with any spill do not inspire confidence. The Environmental Audit Committee fears that a spill could have caused unprecedented environmental damage. The MPs want to see a standard pan-Arctic spill response standard, unlimited liability for firms and an Arctic environmental sanctuary. But the UK has no power over the Arctic - and Arctic states...