Showing posts with label Athabasca Oil Sands Corp. Show all posts
Showing posts with label Athabasca Oil Sands Corp. Show all posts

Friday, August 20, 2010

No science, please, we're the tar sands

Remember that two year Environment Committee study on the impact of the tarsands on freshwater? The one that was ultimately shredded because the four parties at the table couldn't agree on the wording? The Lib members of that committee have now released their own report on the testimony and, as Andrew Nikiforuk reports at The Tyee, it is "scathing".
~ Athabasca River is being polluted
~12 barrels of freshwater required to produce one barrel of crude
~world's largest man-made dams contain 170 square kilometres of toxic mining waste and two of them are leaking
~steam plants could affect aquifers over an area the size of Florida when using 3½ to 6 barrels of groundwater to extract one barrel of bitumen

Most alarming is the report's contention that science-based policy has been replaced by "bureaucratic compromise", with the federal government entirely abrogating its responsibility to monitor and protect our water supplies. The Alberta government just flat out refused to appear before the committee at all.

You're shocked I'm sure.

Wait. Did I say our water supplies?
A year ago Alberta Energy Department spokesman Tim Markle said : "The Chinese takeover is good news for Alberta."
He was referring to tarsands in northern Alberta being developed by the Chinese state investment fund in partnership with Calgary-based Penn West Energy Trust. China National Petroleum Company obtained 11 oilsands leases and the Chinese Offshore Oil Corporation invested $150 million in Calgary-based Meg Energy. Sinopec has bought into Syncrude. PetroChina, also state-owned, holds a 60% majority stake in two oilsands projects, and has also signed a memorandum with Enbridge to take up to half the space on its proposed Northern Gateway Pipeline from Alberta to the port of Kitimat in BC.

In comments under Nikiforuk's Tyee article, Ed Deak weighs in :

The opposition can jump up and down, they won't get anywhere, because they're attacking the effects and not the causes.

Attacking other political parties, this is also true for BC, and anywhere on Earth, is a waste of time, because politicians are nothing more than pimp/executioners of and for the criminal neoclassical market economic economic theory, being taught in our universities as a "science", that's destroying the Earth and humanity.

Unless our politicians will one day get enough gumption together to attack the causes, they're part of the problem, regardless of the hot air they're blowing.
The tar sands crime wave is part of the "growth" and the "GDP", without any deductions for damages and no politician would dare to question it, as it would bring panic to the almighty stockmarkets.

Then, when the Chinese bring back the money we're paying them for killing our manufacturing infrastructure, praised by economists and the WTO, to buy the country up from under our feet with our own money, it is called "wealth creating foreign investment" that helps to pay for the billions spent on "defence".


An Alberta Energy spokesdude says : "The Chinese takeover is good news for Alberta" and yet back in March we were all apparently shocked shocked shocked when CSIS head Richard Fadden casually mentioned China in his remarks about "foreign interference" on "possibly unwitting" Canadian public servants and politicians here in the West.
We pretty much behaved as if we were teenagers horrified to discover that our parents have sex. I mean obviously we know they must have but we don't much like to hear about it.

Tuesday, September 01, 2009

"Chinese takeover is good news for Alberta"

says Alberta Energy spokesman Tim Markle.

PetroChina, the world's second largest oil company, is buying a 60% majority stake in two Athabasca Oil Sands Corp tar sands projects. The $1.9 billion deal will provide Chinese capital for Athabasca which controls about 1.3 million acres of oil sands properties containing as many as five billion barrels of reserves in Alberta. The deal is slated to go through on Oct 31.
"Sveinung Svarte, chief executive of Athabasca, said the company would likely ship its initial output to U.S. refiners, but would consider other export routes if they open up."
In 2005 the state-owned PetroChina signed a memorandum with Enbridge to take up to half the space on its proposed Northern Gateway Pipeline from Alberta to the port of Kitimat in BC.
Enbridge is applying to build the pipeline this year, so presumably PetroChina will eventually be able to ship its newly acquired share of Alberta oilsands straight home to China.

Athabasca does not foresee any "issues" from Investment Canada.
Oilweek :

"Such a takeover would be subject to a new provision recently incorporated into the Investment Canada Act, under which the federal government could block a deal from a foreign firm if it was deemed to pose a threat to national security. But Ottawa will likely wave through the deal.

Geopolitics Central economist Vince Lauerman : ""Given the environmental factor down in the states, it only makes sense to diversify our customers, especially to customers that are somewhat less concerned about the environment in general and greenhouse gas emissions in particular."

The Chinese takeover is good news for Alberta, said Alberta Energy spokesman Tim Markle."

Yup. Just in case this :
August 2009 : Washington approves oil sands pipeline
"The Obama administration yesterday approved [an Enbridge] pipeline to carry oil-sands fuel from Canada into the US, saying its action was designed to send "a positive economic signal in a difficult economic period".
reverts back to this :
June 2008 : Obama's fight against 'dirty oil' could hurt oil sands

"Barack Obama on Tuesday vowed he would break America's addiction to "dirty, dwindling, and dangerously expensive" oil if he is elected U.S. president -- and one of his first targets might well be Canada's oil sands."

Good to know the Cons' criticism of China's crappy environment record - their stated reason for blowing off the Kyoto Accord - isn't likely to stand in the way of selling China the product of our own crappy environment record.

How the US will react to this possible threat to 'North American energy security' is anybody's guess.
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Related : Laila Yuile : Support divided for Enbridge Northern Pipeline
The Tyee : Environmental groups demand public inquiry into Enbridge Pipeline
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