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Archive for June 12th, 2015
Canada: Climate change fight will hamper oil sands returns: Statoil exec
Posted by Globe and Mail: Jeff Lewis on June 12th, 2015
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 industry’s leading companies call for increased carbon fees. Statoil ASA’s 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...
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Changing climate prompts boreal forest shift
Posted by Washington Post: Juliet Eilperin on June 12th, 2015
ScienceDaily: With warming summer temperatures across Alaska, white spruce tree growth in Interior Alaska has declined to record low levels, while the same species in Western Alaska is growing better than ever measured before. The findings are the result of a study led by University of Alaska Fairbanks School of Natural Resources and Extension researcher Glenn Juday, Claire Alix of the University of Paris 1 Pantheon-Sorbonne, and Tom Grant, formerly an adjunct faculty member at UAF. Their findings were recently...