alberta tar sands

Mon, 2013-10-07 18:01Steve Horn
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Frank Giustra, President Bill Clinton's Close Colleague, Joins US Oil Sands Board

Frank Giustra - key power broker and close colleague of former President Bill Clinton - has taken a seat on the Board of Directors of U.S. Oil Sands, an Alberta-based company aiming to develop tar sands deposits in Utah's Uintah Basin. **UPDATE: Although he was named a prospective appointee to the Board, Mr. Giustra ultimately declined the position, citing “other commitments.”**

U.S. Oil Sands - in naming several new members to its Board - also announced it has received $80 million in “strategic financing” from Blue Pacific Investments Group Ltd., Anchorage Capital Group, L.L.C. and Spitfire Ventures, LLC.

The funding will help get the ball rolling on “tar sands south,” a miniature but increasingly controversial version of its big brother to the north, the Alberta tar sands. Giustra will likely help in opening the right doors for tar sands industry interests in the United States. 

Giusta is best known for his work in the worlds of uranium mining and minerals mining, though he has dabbled in the Alberta tar sands finance world once before, lending upwards of $20 million in capital to Excelsior Energy. He serves as CEO and President of Fiore Financial Corporation. 

Founder and Director of the Radcliffe Foundation and Co-Director of the Clinton Giustra Enterprise Partnership (formerly known as the Clinton Giustra Sustainable Growth Initiative), Frank Giustra has maintained close ties with Bill Clinton since 2005.

The Clinton Giustra Sustainable Growth Initiative is an arm of the Bill, Hillary, and Chelsea Clinton Foundation (the Clinton Foundation). Giustra sits on the Clinton Foundation's Board of Trustees.

Fri, 2013-09-06 13:24Carol Linnitt
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Harper’s Climate Concession: Canada Increasingly Desperate to Secure Keystone XL Approval

Fort McMurray, AB

Prime Minster Stephen Harper’s hopes for the approval and construction of the Keystone XL pipeline, which will transport Alberta tar sands crude across the US to refineries and export facilities in the Gulf Coast, hit a stumbling block this summer when Obama announced he will take Canada’s growing emissions problem into account when considering the project’s fate.

The tar sands, Canada’s fastest growing source of greenhouse gas emissions, have become the symbol of the country’s climate inaction, a position earning growing public censure across the globe.

Sources recently told the CBC that Harper addressed the issue in a letter he sent to Obama late August, inviting “joint action to reduce greenhouse gas emissions in the oil and gas sector,” if such efforts will help green-light the Keystone XL.

Fri, 2013-08-09 07:00Caroline Selle
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Corruption in the Pipeline: A Timeline of Keystone XL Misinformation

Though plagued by corruption, the Keystone XL (KXL) “zombie pipeline” refuses to die.

While firsthand accounts from front line communities in Alberta, Nebraska, Oklahoma, and Texas have galvanized activists, the interconnected web of corporate lobbyists, oil executives, and Obama administration officials continue to push the project forward.

Thankfully, the State Department has launched an inquiry into conflicts of interest in the Keystone XL pipeline (KXL) review, specifically looking at the troubling revelations about TransCanada contractor, Environmental Resources Management (ERM Group).

Listed below is a series of selected controversies as well as the key dates around which the pipeline permitting process revolves.

Fri, 2013-04-05 09:33Jeff Gailus
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Greenwashing the Tar Sands, Part 2: Do As I Say, Not As I Do

Last week, I wrote a short history of the greenwashing campaign being waged by tar sands promoters, including (and especially) the Canadian and Alberta governments. It’s clear that as the battle over the future of tar sands development has intensified, so has the greenwashing necessary to promote it in the age of climate change and increasing environmental literacy. The more people know about the dangerous costs and risks associated with tar sands development, the more time, effort and money its promoters must invest in the alchemy of disingenuous propaganda.

The frustrating part for Canadians concerned with this egregious abuse and misuse of language is that there doesn’t appear to be any recourse. Tar sands supporters seem to disseminate their little black lies with impunity, and there is no way, in a democracy where free speech is sacrosanct, to stop the flood of tar sands bullshit sullying the airwaves.

Sun, 2013-03-24 07:48Guest
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Marking Up the Alberta Government's $30,000 Keystone XL Ad

This is a guest post by Heather Libby.

If you're a regular reader of the Sunday New York Times, you might have noticed a half-page ad in the A section promoting the Keystone XL tar sands pipeline last weekend. Paid for by the Alberta government with $30,000 of taxpayer funds, the text-heavy ad asserted several reasons why President Obama should approve the project.

Their primary argument? This is “the choice of reason”.

Putting aside the fact that their word selection suggests those who oppose the pipeline are illogical or unreasonable; the ad says “some still argue Keystone should be decided on emotion rather than science and fact about Canada's responsibly developed oil sands resource”.

We completely agree. Here are a few scientific facts it forgot to mention:

Fri, 2013-03-01 11:38Kevin Grandia
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Live Blogging the Keystone XL Environmental Assessment Release

STATE DEPARTMENT REPORT on Keystone XL Pipeline draft environmental impact assessment (SEIShas just been released. 

We are live blogging the release, the analysis, the news and the reactions here:

Wed, 2013-02-13 08:09Kevin Grandia
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Why Canadians Should Care about Keystone XL Pipeline Protests at the White House

This weekend, thousands of people will be out front of Barack Obama's White House to protest the construction of the Keystone XL pipeline – a 1,879 kilometer length of pipe that will allow oil to be pumped all the way from Northern Alberta to refineries in Texas.

It isn't the XL pipeline itself that is at the heart of the matter though. It is the 500,000 barrels of Canadian tar sands crude that will be pumped through the pipe that has so many Americans upset. And it should upset Canadians too. 

Mon, 2013-01-28 14:41Kevin Grandia
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New Video: Keystone XL the "Lynchpin" for Tar Sands Growth

A new video featuring four energy experts, outlines the issues surrounding the proposed Keystone XL pipeline, the Alberta tar sands and climate change.

The video describes the Keystone XL tar sands pipeline as a “lynchpin enabling the climate intensive tar sands industry to grow unimpeded.”

Watch it:

 

Wed, 2012-11-21 05:00Steve Horn
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Second US Tar Sands Mine, Owned by Former ExxonMobil and Chevron Exec., Approved in Utah

MCW Enterprises Ltd., a Canada-based corporation, announced on Nov. 19 that it has received all necessary permits to streamline tar sands extraction at its Asphalt Ridge plant located in Vernal, Utah starting in December.

The announcement comes just weeks after U.S. Oil Sands Company received the first ever green light to extract tar sands south in the United States.

Recently changing its name from MCW Energy, MCW Enterprises Ltd. owns MCW Oil Sands Recovery LLC as a wholly owned subsidiary. The company's CEO, R. Gerald Bailey - often also referred to as Raymond Bailey or Jerry Bailey - is the former President of Exxon Arabian Gulf and also served as an Executive for Texaco (since purchased by Chevron) for 15 years.

MCW's website explains that its stake in the Asphalt Ridge is a “proven/probable resource of over 50+ million barrels of oil” and that it “is seeking other oil sands leases in Utah, which contains over 32 billion barrels of oil within 8 major deposits.” 

Bailey told Flahrety Financial News that he sees this first project as a crucible, or testing grounds, with the potential for more extraction to come down the road. 

“This is really going to be a technology play,” he stated. “I don't plan to build another Exxon out there in the desert.”

Thu, 2012-11-08 16:38Brendan DeMelle
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Bill McKibben Kicks Off 350.org Do The Math Tour In Seattle

Last night I had the pleasure of attending the Seattle kickoff of 350.org's Do The Math tour, which will highlight the imperative for action to keep 80 percent of the fossil fuel industries' tar sands, coal, oil and gas reserves in the ground, or the climate is toast.

Bill McKibben and a cast of guests, including Seattle Mayor Mike McGinn and City Councilman Mike O'Brien, along with video appearances by Van Jones, Naomi Klein, Josh Fox and more, called on the roughly 2,000 attendees packed into Benaroya Hall to join together to encourage institutions large and small to divest all fossil fuel companies from their stock portfolios, pension funds, and other holdings.

The tour seeks to inspire citizen-led boycotts, blockades, marches on oil companies' shareholder meetings, and a new Fossil Free Campus divestment movement modeled after the anti-Apartheid movement of the 1980s.

The message is simple: Go Fossil Free. McKibben was the first to say, it is a tall order, perhaps impossible, but we have no choice but to try given global warming's terrifying new math.

Mayor McGinn kicked the night off with a pledge to investigate the potential for Seattle to work towards divestment of its fossil fuel holdings, which received massive applause from the audience. 

Before McKibben took the stage, The UpTake's Leif Utne had the chance to interview him about the 21-day, 21-city tour that will demonstrate the magnitude of the threat fossil fuels pose to a livable planet, the opportunity Tuesday's election results pose, and a bold new strategy to hit the fossil fuel industries where it hurts.

 Watch:

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