Rachel Notley

Canadian Government Declares Oil Trains Safe and Plans to Get Into the Oil Train Business

Read time: 8 mins
Alberta Premier Rachel Notley met with Prime Minister Justin Trudeau on September 5, 2018 to discuss the Trans Mountain pipeline expansion project.

As Canadian oil-by-rail numbers reach record new volumes (and expected to rise), Canada's Transportation Safety Board (TSB) announced recently that it would no longer list shipping the hazardous material by rail as a top safety concern.

Just a month later, the Alberta provincial government — where the majority of tar sands oil is produced — announced plans to bail out the tar sands industry by getting into the oil-by-rail business.

Here's why that's bad news for the communities in both Canada and the U.S. where this influx of oil train traffic will pass.

Alberta Prosperity Fund

Alberta Prosperity Fund (APF)

Background

Read time: 13 mins

Alberta Climate Announcement Puts End to Infinite Growth of Oilsands

Read time: 5 mins
Alberta Climate Change Announcment

The days of infinite growth in Alberta’s oilsands are over with the Alberta government’s blockbuster climate change announcement on Sunday, which attracted broad support from industry and civil society.

This is the day that we start to mobilize capital and resources to create green jobs, green energy, green infrastructure and a strong, environmentally responsible, sustainable and visionary Alberta energy industry with a great future,” Premier Rachel Notley said. “This is the day we stop denying there is an issue, and this is the day we do our part.”

Notley and Environment & Parks Minister Shannon Phillips released a 97-page climate change policy plan, which includes five key pillars.

'Woe is Us': Oil Industry a Hot Mess After NDP Alberta Victory

Read time: 6 mins

While Jim Prentice and his Progressive Conservative cadre lick their wounds after last night’s landslide victory by the New Democratic Party and leader Rachel Notley, punditry about the oil industry’s place in the transformed province is in full force.

Even before the results were in, Canadians were being warned new leadership in Canada’s oilpatch will mean very scary things for the economy: fleeing investors, abandoned projects, market uncertainty.

Now that the victory bells have rung, the hand-wringing has leveled up.

The NDP win is “completely devastating,” for the energy industry, Rafi Tahmazian, fund manager for Canoe Financial LP, told Bloomberg.

The oil patch will pack up and leave,” Licia Corbella, editor of the Calgary Herald’s editorial page, tweeted. “Woe is us.”

Yet many other onlookers are saying fresh leadership in Alberta could bring long-overdue policy changes that not only benefit a broader cross-section of society, but industry itself, by remedying systemic imbalances that have granted an unhealthy amount of power to oil interests for far too long.

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