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Canada Alberta to introduce economy-wide carbon tax in 2017
Posted by Reuters: Mike De Souza on November 22nd, 2015
Reuters: The Canadian province of Alberta, home to the country's controversial oil sands, said on Sunday it will implement an economy-wide tax on carbon emissions in 2017, addressing long-standing criticism it is not doing enough to combat climate change.
The provincial government estimated the plan, including a pledge to phase out pollution from coal-fired electricity generation by 2030 and a limit on emissions from the province's oil sands industry, would generate C$3 billion ($2.25 billion) in annual...
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Oil-rich Canadian province to impose tax carbon emissions
Posted by Reuters: Mike De Souza on November 22nd, 2015
Reuters: Alberta, home to Canada’s controversial oil sands, said on Sunday it will implement an economywide tax on carbon emissions in 2017, addressing long-standing criticism that it is not doing enough to combat climate change.
The provincial government estimated that the plan, including a pledge to phase out pollution from coal-fired electricity generation by 2030 and limit emissions from the oil-sands industry, would generate $2.25 billion in annual revenue.
Backed by prominent representatives from...
Canadian regulator halts TransCanada pipeline construction following spills
Posted by Reuters: Mike De Souza on November 20th, 2015
Reuters: Canada's national energy regulator has halted construction on a new TransCanada Corp natural gas pipeline after reviewing evidence that it may have spilled a toxic drilling fluid into a major Western Canadian river, a spokesman said on Friday.
The National Energy Board (NEB) said it issued a safety order on Thursday after reviewing records submitted by TransCanada related to four separate spills of drilling fluid into the Athabasca River, a waterway in northern Alberta. In a separate move earlier...
Nexen: It May Take Months Pinpoint Cause of Alberta Oil Spill
Posted by Reuters: Mike De Souza on July 23rd, 2015
Reuters: Finding the root cause of the oil-sands pipeline leak discovered earlier this month in northern Alberta, one of the biggest oil-related spills on land ever in North America, will likely take months, a senior Nexen Energy executive said on Wednesday.
Nexen, a subsidiary of China's CNOOC Ltd, is putting a higher priority on cleaning up the spill from its pipeline and investigating its cause than on restarting the Kinosis oil sands project where the spill took place, Ron Bailey, Nexen's senior vice...
Dust from abandoned Cliffs’ mine casts pall over eastern Canadian town
Posted by Reuters: Mike De Souza on June 19th, 2015
Reuters: Heavy dust clouds blowing from Cliffs Natural Resources' abandoned Wabush iron ore mine into a small township in the eastern Canadian province of Newfoundland and Labrador is putting a focus on the liability of miners that seek creditor protection and walk away from assets. Iron ore and coal miner Cliffs Natural Resources Inc announced in February 2014 it was shutting down its Wabush mine. This year it sought creditor protection for its Canadian assets. The fate of the deserted mine is in limbo...