Re: Canada - European Union Defines Oil Extracted from Oil Sands as Harmful to Environment
Awash in Oil, Canada Looks Toward China
By IAN AUSTEN
Published: October 11, 2011
OTTAWA ? Ever since an oil well near Leduc, Alberta, made Canada a significant oil producer in 1947, the energy export business here has relied almost entirely on the United States.
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While the rise of China as a major market for Canada?s oil is far from assured, there are growing signs of interest from Beijing. Over the past three years, several Chinese state-owned oil companies have opened offices in the corporate hub of the Canadian energy industry ? Calgary, Alberta ? and have invested about $10 billion in the country?s oil industry.
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Canada - European Union Defines Oil Extracted from Oil Sands as Harmful to Environment
10/14/2011
The Stench of Money
Canada's Environment Succumbs to Oil Sands
By Philip Bethge
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'A Dirty Needle'
"It's [like] a drug addict reaching for a dirty needle from a fellow addict," NASA climate researcher James Hansen says. "It's crazy, and the president should understand that and exercise leadership and reject the pipeline."
Criticism of the plans is also coming from Europe. Only last week the European Commission decided to define oil extracted from oil sands as particularly harmful to the environment. If the European Parliament and EU member states agree, it will make it particularly expensive to import it into the European Union. Importers could, for example, be forced to invest in organic fuels to compensate for the increase in CO2 emissions. The Canadian government is opposed to such moves.
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