For years, Alberta’s government has reassured the public that it has a plan to ensure the oilsands’ 1.2 trillion litres of hazardous tailings are permanently dealt with after mines shut down.
That assertion is becoming less convincing by the day.
[Webpage editor's note: Not satisfied with vandalizing the earth's climate system by financing the Tar Sands, CIBC joins the campaign to reduce even further the relatively few jobs in this sector.]
April 13, 2017 - On a scale of one to 10 of being able to help oilsands producers save costs—today—autonomous hauling systems are a 10, according to analysts with CIBC.
March 31 2017 - The B.C. Green party released a major plank of its election platform Thursday, with a climate change plan to more than double the carbon tax over four years and expanding it to additional pollution sources.
The recent deals from Calgary-based Canadian Natural Resources, Cenovus Energy and Athabasca Oil Corporation to acquire billions in oilsands assets have brought much attention to the level of Canadian ownership of these projects and operations.