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Meet the US billionaire who wants to kill the Keystone XL pipeline

Globe and Mail: Tom Steyer is a man at odds with himself. He made his fortune by founding a hedge fund with a keen interest in the energy sector, including leading oil, pipeline and mining companies. The firm also gobbled up stock in BP a year after its Deepwater Horizon oil spill in the Gulf of Mexico. All this should hardly make him a darling of environmentalists. Yet there’s a green streak to Mr. Steyer – one that led last year to something of an existential crisis: Climate change, the American billionaire...

Canada: ‘Bitumen Bubble’ Means a Hard Reckoning for Alberta, Premier Redford Warns

Globe and Mail: The sharp revenue decline will also spur the continuing national debate over pipelines, heading east or west, which Ms. Redford argues are the only way to reduce reliance on American buyers, reach new markets and fetch a higher price for Western Canadian oil. “We have a duty to ensure that our resources, especially Alberta oil and gas, get to new markets at a much fairer price,” Ms. Redford said while delivering the news in a special television address Thursday evening, which cost taxpayers $55,000....

Canada: Under fire over emissions, Alberta banks on unproven coal gasification

Globe and Mail: Alberta thrives on the strength of its oil and gas sector, while coal keeps the province's lights on -- as such, in an era where many demand lower emissions, the province is a carbon giant looking to change its ways. Choking the output of those industries, however, could be economically devastating. So rather than limiting the actual amount produced, the province has pinned its hopes on a process known as carbon capture and storage (CCS), which would see carbon collected and buried deep below...

Wildfire in the streets

Globe and Mail: The boreal forest covers a third of Canada, stretches across seven provinces and three territories and is home to 2.5 million people. And it's becoming more volatile. After wildfires roared into this town of 7,000 last Sunday, the Premier called it the disaster of a generation. All told, 485 homes and businesses were razed or heavily damaged. Residents asked why there had been no warning; officials said the fire simply moved too quickly. Research, however, suggests a fire like this was inevitable,...