Dry Rivers, Low Prices Make a Double Whammy for Tar Sands Oil

By Garry Rogers @Garry_Rogers

GarryRogers:

Let’s hope that Harper’s folly is seen for the disaster that it was. Perhaps a new government can drop the greed act and refocus on protecting the magnificent natural beauty of the country.

Originally posted on Climate Denial Crock of the Week:

Much as water is a critical limiting factor for the supposed infinite fossil fuel development in China and Asia – it’s turning out to be a crimp on Canada’s massive Oil sands projects.

At the same time, slumping global oil prices – which are not projected to recover any time soon, are drying up investments in the expensive “exotic” oils that we’ve been told are going to extend fossil fuel dominance in this century.  That story is steadily fraying around the edges…

ClimateProgress:

Dozens of tar sands developers in Alberta’s tar sands have been suspended from taking water — needed for their operations — out of local rivers, after a low flow advisory was issued.

The Alberta Energy Regulator (AER) suspended 73 licenses to temporarily divert water (TDLs) from the Athabasca, Peace, and Wabasca rivers on July 24, after unusually dry weather caused water to fall to at or below…

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