tar sands

Dirty Pipelines Are Bad Investments and a Reputational Risk for Banks

Dirty Pipelines Are Bad Investments and a Reputational Risk for Banks

By Leola Abraham Growing Resistance The banking industry should stop funding extreme fossil fuel pipeline projects that impact the climate and violate human rights. These projects are risky for banks as they face mounting pressure from a growing resistance movement and increased reputational risk in a world that is recognizing the urgent need to rapidly […]

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    Judge Orders Full Environmental Review of Keystone XL in Nebraska

    Judge Orders Full Environmental Review of Keystone XL in Nebraska

    TransCanada‘s long-gestating Keystone XL (KXL) tar sands pipeline was dealt another setback after a federal judge in Montana ruled Wednesday that the Trump State Department must conduct a robust environmental review of the alternative pipeline route through Nebraska. U.S. District Court Judge Brian Morris sided with environmentalists, landowners and tribal plaintiffs in their challenge to […]

    Trump State Dept. Attempts ‘Shortcut’ to Build KXL Pipeline, Groups Say

    Trump State Dept. Attempts ‘Shortcut’ to Build KXL Pipeline, Groups Say

    Environmentalists spoke out against President Donald Trump‘s State Department after it found “no significant environmental impacts” in its review of TransCanada’s long-gestating Keystone XL (KXL) pipeline. The alternative route approved by Nebraska regulators in November would have “minor to moderate” impacts from its construction and operation, according to the 300-page draft report released Monday. It […]

    Church of England to Divest From Companies That Neglect Paris Agreement Goals

    Church of England to Divest From Companies That Neglect Paris Agreement Goals

    The Church of England will divest its $16 billion fund from companies that are not aligning themselves with the goals of the Paris agreement, church officials announced Sunday. As reported by UPI: The new policy would assess how well a company is progressing on Paris climate goals by 2023 and disinvest from those falling short. […]

    Canada to Buy Controversial Tar Sands Pipeline

    Canada to Buy Controversial Tar Sands Pipeline

    The Canadian government plans to spend $4.5 billion Canadian dollars ($3.5 billion) to buy Kinder Morgan’s existing Trans Mountain pipeline and its controversial expansion project that will triple the amount of tar sands transported from Alberta to the coast of British Columbia. The pipeline has been at the center of widespread protests by environmentalists and […]

    Wisconsin Oil Refinery Explosion Injures at Least 15 People

    Wisconsin Oil Refinery Explosion Injures at Least 15 People

    A powerful explosion at Husky Energy‘s oil refinery in Superior, Wisconsin sparked a massive fire and injured multiple people on Thursday. The blast sent thick, dark smoke across the city and prompted the evacuation of thousands of residents 10 miles downwind of the refinery, 2 miles to the north, and 3 miles east and west. […]

    Trudeau Pledges Taxpayer Money, New Laws to Salvage Controversial Pipeline

    Trudeau Pledges Taxpayer Money, New Laws to Salvage Controversial Pipeline

    Canadian Prime Minister Justin Trudeau said Sunday he is ready to offer financial aid and new legislation to push forward the contentious Trans Mountain Pipeline expansion that will triple production of tar sands going from Alberta to British Columbia. Houston-based developer Kinder Morgan has threatened to scrap the $7.4 billion (USD $5.9 billion) project unless […]

    Jerry Brown and Justin Trudeau: Climate Advocates, or Hypocrites?

    Jerry Brown and Justin Trudeau: Climate Advocates, or Hypocrites?

    By Andy Rowell Two leading political figures from the U.S. and Canada, who have boasted about the need to fight climate change, are now under fire for being climate change hypocrites: saying they care about the climate, but allowing drilling and fossil fuel infrastructure to be built anyway. On Wednesday, more than 750 public interest […]