This is a news compilation setting the record straight on the day’s top anti-oil and gas stories and providing research and facts to counter misinformation about the oil and gas industry.
The oil sands have a future, and it includes polluter pays.
Oil sands producers are regulated and invest heavily in reducing pollution.
- Oil sands producers are already heavily regulated and fined for environmental transgressions. In this instance, the company was fined $275,000 for not complying with water permits.
- Oil sands producers must begin the reclamation of tailings ponds within 10 years of final operations of a mine, or face penalties.
- 75% of the water used in oil sands mining is recycled from tailings and other sources.
- In 2018, Canadian oil sands producers invested $1.2 billion into tailings management to help reduce environmental risk.
Here are some stories that get it right, or mostly right.
According to this report from Blacklocks, despite the implementation of B.C.’s carbon tax, emissions continued to increase from 2015 to 2018. This has occurred despite the increase from $10 in 2008 to now $40 per tonne. Federally, the carbon tax is expected to increase to $50 per tonne. Last month, a report from the Canadian Energy Research Institute also showed that the carbon taxes in B.C. and in Alberta had little effect on reducing emissions. This calls into question just how effective the federal tax will be.