Between 1999 and 2010, Enbridge has had over 800 oil spills. Enbridge has spent almost $5 million on its greenwash campaigns trying to convince us they are following an "unwritten code of conduct" and have learned about "integrity and respect." Regardless, the movement against the Enbridge pipeline as well as the Kinder Morgan Pipeline is growing.
Surprise of the year: World oil production is rising more than was forecast. A shock? No, that's what happens when prices spike. What is surprising is that it's occurring right in our backyard -- in the good ol' USA. The bottom line? How quickly we have gone from running out of oil to being awash in the stuff. Maybe the surprise is that we are surprised that history is merely repeating itself!
In the debate as to whether Canada should sell Nexen oil company to to China National ignores one important factor: CNOOC is state-owned. The "company overview" on CNOOC's website clearly states that its top executives are members of China's ruling Communist Party. Therefore, in effect, Nexen would become a "crown" corporation, but one controlled by the government of China instead of Canada. While government should stay out of the way of true market transactions, takeovers by state-owned companies are simply not in the best interest of Canadians, given the long sorry record of such companies.
B.C.'s premier Christy Clark was right to walk away from a national energy strategy promoted by Alberta's Alison Redford at a provincial premiers' meeting in Halifax in late July. She just did it for the wrong reasons. Clark should have renounced the proposal because it's focused more on tar sands, pipelines, and markets than on getting Canada's greenhouse gas emissions under control.