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Canadian rock legend Neil Young has blasted the Harper government for “trading integrity” in its single-minded appetite for Alberta tar sands dollars.
Source: Globe and Mail
The province on Friday provided a glimpse into its investigation of the March 25 spill, saying the samples of the company’s undiluted industrial waste-water were lethal to fingerling rainbow trout. These water samples, however, are not comparable to the fluid that poured into the river because they do not account for dilution. Alberta is still investigating whether diluted samples are harmful.
Last Friday’s ExxonMobil Pegasus pipeline disaster in Mayflower, Arkansas, should warn Canadians against Enbridge’s proposed Line 9 project, says Environmental Defence. The Pegasus pipeline raptured and spilled more than 318,000 litres of tar sands oil into a local neighborhood and near a lake. Local residents had to be evacuated.
Environmental Defence, a non-partisan environmental charity, says Line 9 poses serious risks to drinking water and the environment in neighborhoods, cities and farms in Ontario and Quebec.
OTTAWA – Canada’s economy is experiencing a “carbon bubble” that could have significant consequences for Canada’s financial markets and pension funds, according to a new study released March 26 by the Canadian Centre for Policy Alternatives.
Between two-thirds and four-fifths of known fossil fuel reserves have been deemed to be “unburnable carbon” that cannot safely be combusted without leading to catastrophic climate change.
“Business-as-usual for the fossil fuel industry is incompatible with the need to keep the global temperature increase to 2°C or less,” says CCPA Senior Economist Marc Lee. “The recent experience of high-tech and housing bubbles should serve as a stern warning to investors and policy makers.”
Source: Financial Post
CALGARY — The National Energy Board says it’s concerned Calgary-based pipeline giant TransCanada Corp. has broken the regulator’s rules, as well as its own.
A then-employee of TransCanada approached the board in May with concerns of “regulatory non-compliance,” the NEB says in a letter posted on its website.
The letter was addressed to Dan King, vice president of engineering and asset reliability, and copied to CEO Russ Girling and Don Wishart, executive vice president of operations and major projects.
In it, the board did not specify which rules were broken or which pipeline or project was involved.