Thursday, 30 October 2014

Resistance to tar sands is savaging the industry

A new report shows that production revenues from the ecologically devastating tar sands resources in Canada are down by over $30 billion between 2010 and 2013, with 55% of this fall being due to the massive campaigns which have delayed Keystone XL and delayed or defeated other projects (3 were cancelled in 2014 alone). There's a Common Dreams article on the subject here.

In Ireland too, popular resistance has massively slowed the Corrib Gas project and escalated costs astronomically while resistance to fracking is just gearing up. Who knows - maybe our grandchildren will still have an island to live on after all?