Energy & Fuel

"Oil Sands Boom Dries Up in Alberta, Taking Thousands of Jobs With It"

"FORT McMURRAY, Alberta — At a camp for oil workers here, a collection of 16 three-story buildings that once housed 2,000 workers sits empty. A parking lot at a neighboring camp is now dotted with abandoned cars. With oil prices falling precipitously, capital-intensive projects rooted in the heavy crude mined from Alberta’s oil sands are losing money, contributing to the loss of about 35,000 energy industry jobs across the province."

Source: NY Times, 10/13/2015

"What Exxon Knew About the Earth's Melting Arctic"

"Back in 1990, as the debate over climate change was heating up, a dissident shareholder petitioned the board of Exxon, one of the world’s largest oil companies, imploring it to develop a plan to reduce carbon dioxide emissions from its production plants and facilities."

Source: LA Times, 10/12/2015


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