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Fri, 2012-12-07 17:21Carol Linnitt
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Harper Government Approves Foreign Acquisition of Nexen, Progress Energy, Affirms FIPA Concerns

Today Prime Minister Stephen Harper announced the approval of two major acquisitions of Canadian energy companies by foreign state-owned enterprises. The Chinese National Offshore Oil Company (CNOOC) will commence the $15.1 billion takeover of Nexen Inc., a Canadian company with major holdings in the Alberta tar sands. Malaysia's Petronas will proceed with the purchase of Progress Energy Resources Corp., a Calgary company with considerable shale gas plays in British Columbia, for $5.2 billion. Petronas has plans to construct an $11 billion liquified natural gas plant in Prince Rupert to prepare gas exports for Asia. 

Prime Minister Harper announced the takeovers, which are steeped in controversy, in tandem with new takeover guidelines intended to address growing concerns of foreign ownership of Canada's resources by energy-hungry nations. He remained silent on the significance of the approval for FIPA, the Foreign Investment Protection and Promotion Agreement, also known as the China-Canada Investment Treaty.
 
“Canadians generally and investors specifically should understand that these decisions are not the beginning of a trend but rather the end of a trend,” said Mr. Harper. The full meaning of that statement, however, remains to be seen. The Harper government's decision to ratify FIPA may mean deals done with China, like today's deal with CNOOC, will carry a new significance.
 
The government previously raised the threshold for official review of foreign takeovers from $330 million to $1 billion, signaling open arms to potential foreign investors with an eye on mega projects like the Alberta tar sands. However, today that threshold was returned to $330 million for state-owned enterprises.
 
“To be blunt, Canadians have not spent years reducing ownership of sectors of the economy by our own governments only to see them bought and controlled by foreign governments instead,” Mr. Harper said
Thu, 2012-12-06 10:25Carol Linnitt
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International Forum on Globalization: Kochtopus "Carbon Billionaires" Create "Climate Deadlock"

While international cooperation to reduce global greenhouse gas emissions has never been a greater imperative, climate progress has never been more stymied, more corrupted by those who stand to gain from maintaining a beleaguered carbon-based energy system that threatens the health and well-being of the global community. 

According to a new report released this week by the International Forum on Globalization (IFG), no climate culprit deserves greater blame than the carbon billion duo, brothers Charles and David Koch. The IFG's “Faces Behind a Global Crisis: US Carbon Billionaires and the UN Climate Deadlock” explains the role these oil barons play in paralyzing global efforts to combat climate change on the international level. 
 
“The Kochs cashed in by polluting our planet - economists would call them free-riders - and now they wield their wealth to rig the rules in their own favor…Leading an epic propaganda effort by the broader fossil fuel industry, global climate cooperation may face no bigger barrier blocking progress today than these two individuals of undue influence.”
 
The extent and influence of the Kochs' wealth cannot be underestimated. According to the Bloomberg Billionaires Index, the Koch brothers combined constitute the world's wealthiest 'individual' with a value of $80.2 billion, beating out Mexico's Carlos Slim at $71.8 billion. 
Tue, 2012-12-04 17:46Carol Linnitt
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"Big Oil's Oily Grasp": Polaris Institute Documents Harper Government Entanglement with Tar Sands Lobby

Oil industry lobbyists in Canada have taken the country by the reins. At least, that's the implication of the Polaris Institute's new report released today. The report, “Big Oil's Oily Grasp - The Making of Canada as a Petro-State and How Oil Money is Corrupting Canadian Politics,” (pdf) documents 2,733 meetings held between the oil industry and federal government officials since 2008. That figure outstrips meetings with environmental organizations by a whopping 463 percent. 

“Canada's increasing dependence on the export of bitumen to the United States has, in effect, served to redefine this nation in the form of a petro-state,” the report opens. Lobbying activities in Ottawa may help explain why “the Canadian government has increasingly watered down or withdrawn its role and responsibilities to regulate the economic, environmental and social impacts of the tar sands industry.”
 
The report highlights the spike in lobbying activities - of six major Big Oil players including Enbridge and TransCanada - in the period between September 2011 and September 2012, right when the industry-friendly omnibus budget Bill C-38 made its infamous debut. In that same period of time, the federal government met once with Greenpeace. 
 
Since 2008, oil and gas industry groups held meetings with officials 367 percent more than the two major automotive associations in Canada, and 78 percent more than the top two mining associations. 
 
“The amount of face time the oil industry gets in Ottawa in personal meetings and other correspondence greatly exceeds the time afforded other major industries in Canada,” says the report's co-author Daniel Cayley-Daoust. “No one doubts the hold the oil industry has on this current government, but it is important Canadians are aware that such a high rater of lobbying to federal ministers has strong policy implications.”
 
Tue, 2012-12-04 12:51Carol Linnitt
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Canadian Youth Delegation: Tar Sands Creating "Commitment Issues" for Canada at COP18

Canada's leadership is failing to uphold international commitments to reduce the country's emissions under the United Nations Framework Convention on Climate Change (UNFCCC). This failure on the global stage is the direct result of Canada's domestic policies, according to the Canadian Youth Delegation to COP18's recent report “Commitment Issues.”  

Canada's determination to develop Alberta's tar sands constitutes the nation's primary obstacle to progress on climate action. Bitumen extraction in the region “invalidates Canada's commitment to limit global warming to 2 degrees celsius since pre-industrial times and sets a dangerous global precedent for extreme extraction,” the report states.
 
The Canadian government has participated in several significant international agreements and treaties aimed at reducing global levels of greenhouse gas emissions. Yet, given the country's aggressive oil and gas development, these agreements only serve to highlight Canada's disregard for, rather than participation in, international efforts to prevent dangerous global warming.
Thu, 2012-11-29 05:00Carol Linnitt
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Mining Corporation Looks to BC for Frac Sand Open Pit Mine

Stikine Gold Mining Corp. will provide unconventional gas producers with British Columbian silica sand for fracking operations if the Ministry of Forests, Lands and Natural Resource Operations approves the company's open pit frac sand mine project application. According to the Ministry's website the project, located 90 kilometers north of Prince George, is in pre-application status with the Environmental Assessment Office.

If granted approval, Stikine could gouge a 5 kilometer wide and 200 meter deep hole in the region's sandstone shelves, dismantling what works as a massive natural water filtration system in order to benefit an industrial enterprise that removes millions of gallons of freshwater from the earth's hydrogeological system each year. This is done as an intermediary step towards fracking for unconventional gas, an energy-intensive, heavy industrial process that will ultimately release high levels of greenhouse gasses into the atmosphere. 
 
“Stikine's new focus on the potential production of Frac Sand from silica sources in north eastern BC (NEBC) represents a strategic opportunity in the market and a first for what is shaping up to be a massive gas play in region,” the company announced on its website.
 
Frac sand mining is an often overlooked component of hydraulic fracturing operations. Producers use a mixture of sand, water, and chemicals to blast open shale gas deposits, such as those located in northeastern BC. Fracking opponents often point to the toxicity of fracking chemicals, the possibility of groundwater contamination and high levels of fugitive methane emissions associated with the process to demonstrate the high environmental footprint of the industry-lauded 'clean' energy source.
 
The role sand plays in fracking is often overshadowed by these more widespread problems that follow the process to each well-pad, affecting communities at the local level. However, giving more thought to the industry's need for sand - a single well can use between 2 and 5 million pounds of sand - sheds light on just how destructive fracking is, right from inception.
Tue, 2012-11-27 11:34Carol Linnitt
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Interview: Filmmakers Explore Enbridge Tanker Route Along BC's Rugged Coast

British Columbian filmmakers Nicolas Teichrob and Anthony Bonello are leading a grassroots campaign to protect BC's waters from Enbridge's proposed Northern Gateway Pipeline. In an effort to bring awareness to all sides of the pipeline battle, the duo documented the tanker route destined to carry diluted tar sands bitumen along rugged coastal shores if the pipeline is approved.

Concerns over the construction of the pipeline are only half the story, according to the film's trailer released last week. The other half begins where the pipeline ends, with pristine coastal waters and the life - both ecological and cultural - that depends upon it.

Following stand up paddler Norm Hann as he paddles the 350 kilometers that stretch from Kitimat to Bella Bella, the film, called STAND, showcases the region's biodiversity as well as its treacherous waterways. The documentary also tells the story of coastal communities through the creative protest of Bella Bella high school students and legendary surfer Raph Bruhwiler.

DeSmog caught up with Nicolas Teichrob and Anthony Bonello to learn more about their experience along the tanker route and inspiration for STAND.

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