Growth in the Canadian oil sands industry will depend on the construction of major new pipelines, including the disputed Keystone XL across the United States, according to a report by a prominent energy institute.
The faster new pipelines are approved, the more rapid the increase in tar sands production over the next two decades, the International Energy Agency said in its annual World Energy Outlook, released on Nov. 12. Accelerated growth would mean a surge in global greenhouse gas emissions, which the IEA has said are already on a "dangerous" course.
The finding thrusts the IEA into a critical part of the debate over the proposed Keystone XL—whether the project would worsen global warming. The IEA's conclusion contrasts with what the U.S. State Department said in its high-profile draft environmental impact study.
According to the State Department, tar sands production would increase with or without the Keystone XL, and therefore the pipeline wouldn't exacerbate the problem of carbon pollution. The question is important because Obama has said his decision will hinge on the "net effects of the pipeline's impact on our climate."
Story updated on Nov. 13 at 2:30 a.m. EDT to include content of warning letters obtained by CBS from federal regulators to TransCanada.
Story updated on Nov. 12 at 3:20 p.m. EDT to include comments from TransCanada.
A group of environmental advocates and Texas landowners is urging federal regulators to block TransCanada from starting the southern leg of its Keystone XL pipeline, while new inspections are conducted and the company's construction and safety practices are investigated. The Oklahoma-to-Texas oil pipeline is nearly completed.
The activists, led by the consumer advocacy group Public Citizen, allege in a report released Tuesday that shoddy construction on the new line has caused more than a hundred defects that TransCanada has had to fix. They believe the "anomalies," even after repairs, could leave the pipeline vulnerable to breaks and spills.
They called on the federal Pipeline and Hazardous Materials Safety Administration, or PHMSA, to require comprehensive retesting and reinspection of the line before its scheduled startup around the end of this year.
The critics also want regulators to investigate TransCanada's construction and quality assurance records to see why so many repairs were needed and whether the company's practices, which have been criticized by Canadian regulators in the past, met safety standards. They are urging Congressional committees to hold oversight hearings into the matter.
A college town in southern Minnesota is taking action against the frac sand industry that's booming amid America's drilling revolution.
Winona, Minn. will become the first local government in the nation to monitor air pollution that may be escaping from mounds of sand being trucked through town for delivery to fracking fields in North Dakota and elsewhere.
The move puts the city of 28,000 people at the forefront of initial efforts to address the health effects of silica sand, an ingredient used in fracking that has been linked to lung disease. It is part of a larger trend to understand the various impacts of natural gas and oil development on communities.
The data Winona collects will be used to determine if the city is within pollution standards set by the federal and state government, and it could help other towns build a case for monitoring frac sand pollution.
"This is not a specific city's problem—it's a regional problem," said Jim Gurley, co-founder of the Winona-based grassroots group Citizens Against Silica Mining.
As delegates from around the world descend on Warsaw for talks toward a new climate treaty, scientists are issuing more and more dire warnings that time is running out to avoid dangerous global warming.
In the past week, several new reports echoed the common theme that urgent action is required to reverse emission trends. Otherwise, greenhouse gas accumulations will surely break through the threshold that scientists say will lock in unacceptable warming—with the attendant droughts, floods, storms, sea rise and damage to ecosystems.
Concentrations of greenhouse gases in the atmosphere continue to set records, a Nov. 6 report by the World Meteorological Organization confirmed. The gap between a safe track for emissions and the business-as-usual track continues to widen, another organization's report said on Nov. 5.
Yet another, by the Intergovernmental Panel on Climate Change, foretold consequences including disruption to food supplies and possibly rising violence.
The ongoing U.S. oil boom has flooded the Gulf Coast with domestic crude to levels not seen in decades, creating a homegrown oil glut in the nation's refining center just as the Obama Administration prepares to rule on a pipeline that would add a torrent of heavy Canadian crude to the same region.
It's just the latest in a string of developments that have surprised and roiled oil markets since 2009, when the combination of falling fuel demand and an unexpected surge in U.S. oil and natural gas production began destroying widely held assumptions about the nation’s need for imports.
"U.S. oil production is at a point that is changing the entire globe, and this is just more evidence that the U.S. producers are far exceeding anybody’s expectations," said Phil Flynn, senior oil analyst at Price Futures Group. "This is part and parcel of the big story—the U.S. energy boom."
Conditions have changed so radically that U.S. refiners are now exporting record amounts of fuel to overseas customers, and there’s a parade of tankers delivering Texas oil to refineries on the east coast of Canada. As these and other surprising trends unfold, it's becoming increasingly clear that the controversial Canadian oil import pipeline, the Keystone XL, is not an urgently needed link.
Republican state legislators in Wisconsin want to make it easier for companies to mine the "frac sand" under the state's farmland and forests and head off more stringent regulation on the booming and controversial industry.
The push sets up a showdown with local communities that are fighting to slow the pace of industrial frac sand mining, at least until its health and environmental effects are studied. And it propels Wisconsin—which has no natural gas or a single drilling rig—into the national fight over how to regulate fracking and related industries.
In three short years, dozens of small towns on Wisconsin's western edge have become an epicenter for mining silica sand, a necessary ingredient in the fracking process that has been implicated in thousands of cases of silicosis, a lung disease. It can take up to 10,000 tons of sand to frack a single well during its lifetime, and there are roughly 50 new wells being drilled in the United States every day.
When Alberta Premier Alison Redford came to Washington this year to urge approval of the Keystone XL pipeline, she argued that producing tar sands oil generates much less global warming pollution today than it did two decades ago.
It would be wrong, Redford reasoned, for the U.S. to block the project on climate change grounds.
But a new Canadian government report on the country's greenhouse gas emissions tells a different story. The federal data reveal that the carbon dioxide emissions associated with a barrel of tar sands bitumen have been rising, not falling, in recent years—a trend that may well continue.
The report got scant attention in the United States, but its findings could spell trouble for Canada as government leaders lobby the Obama administration to approve the Keystone, intended to carry growing supplies of tar sands crude to refineries in Texas.
The devastation caused by Superstorm Sandy a year ago today thrust the issue of climate change into the center of the presidential campaign and to the top of the national political agenda.
And yet in the mayoral race for New York City, one of the epicenters of the tragedy, talk of climate is practically nowhere to be heard.
In nearly all of the mayoral debates and forums held this year, the issues of global warming and Superstorm Sandy have not come up. That is despite New York's struggles to recover from the storm, the city's vulnerability to future climate disasters and its reputation as a global warming leader under Michael Bloomberg.
Three years ago, Franke James was a little-known artist who found herself blacklisted by the Canadian government for making art that lambasted the rapidly expanding tar sands. Infuriated and emboldened by the censure, James churned out a slew of pieces criticizing the government, published a book and in the process became one of Canada's most outspoken environmental activists.
Now, the Toronto resident is embarking on a new mission. She wants to raise awareness in the United States about what she believes are Prime Minister Stephen Harper's continuing undemocratic tactics to squash opposition to his oil agenda.
In doing so, she hopes to help persuade the Obama administration to reject the Keystone XL pipeline. The contentious project would carry 830,000 barrels a day of tar sands crude from Alberta to Texas and open a gateway for the flow of the dirtier grade of oil to export markets abroad. A decision is expected next year.
A well-heeled coalition of investors is asking top fossil fuel companies to calculate the risks of plowing billions into new oil, gas and coal projects. They fear that carbon emission limits and slowing demand will turn them into bad investments that leave investors worse off.
The requests, contained in letters sent to 45 companies last month, are part of an initiative aimed at persuading oil producers and others to rein in their quest to stockpile more carbon energy. They hope to do so by tapping into growing concerns that climate policies and market factors could prevent companies from selling all of their reserves of fossil fuels, which are still growing fast.
Companies with large amounts of such "unburnable" carbon resources could see their stock prices slashed, clobbering the value of investment portfolios that hold the shares. By one estimate, as much as 30 percent of the value of some of the world’s stock exchanges is in proven fossil reserves.