STOP: Stop Tar Sands Operations Permanently

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Archive for September 17th, 2008

Lawsuit may Stop Tar Sands

Posted by mhudema on September 17, 2008

Following the massive lawsuit filed by the Beaver Lake Cree Nation last month (and the one filed by the Woodland Cree last year), the Chipewyan Prairie Dene First Nation came forward on June 4th to file their own lawsuit against the Alberta government.

The CPDFN say they weren’t consulted when the government leased away “the heart” of their traditional territory to MEG Energy Corporation for an oilsands (tarsands) project.

Focusing primarily on their Treaty Rights, CPDFN hope the lawsuit will require Alberta to hold ‘meaningful consultations’ so as to protect one of the few remaining places in their Traditional Territory where they can exercise their rights.

See below for a press release from the Chipewyan Dene Prairie First Nation.

First Nation Files Lawsuit Challenging Oilsands Tenure and Regulatory Approval System

EDMONTON, ALBERTA–(June 4, 2008) – Today the Chipewyan Prairie Dene First Nation (”CPDFN”) filed legal action in the Alberta Court of Queen’s Bench against the Alberta Government alleging a breach of Alberta’s constitutional duty to consult with the First Nation on MEG Energy Corp.’s Christina Lake Regional Project, Phase 3. This Project is planned to be located in the heart of CPDFN’s Traditional Territory, between Christina Lake and Winifred Lake, the breadbasket of the First Nation.

“Our lakes, our land and the animals and fish we have relied on for thousands of years to support our way of life and cultural values are being destroyed by out-of-control oilsands developments,” said Chief Vern Janvier of CPDFN. “Because our constitutionally-protected rights are at risk in one of the few remaining places in our Traditional Territory where we can exercise them, we’ve asked the Courts to step in before it’s too late.”

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Oilsands needs special reporting rules: Environment, investor groups

Posted by mhudema on September 17, 2008

Randy Boswell
Canwest News Service

Canada’s oilsands industry, already the target this week of a major British investment firm’s campaign against the “climate-hostile fuel,” is now under fire from an international alliance of environment and investor groups, which has urged the U.S. securities regulator to rewrite proposed new rules on reporting petroleum reserves to reflect the “potentially enormous risks” – financially and ecologically – associated with the “carbon-intensive” Canadian energy source.

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Tar Sands – the new toxic investment

Posted by mhudema on September 17, 2008

Environment: Tar sands – the new toxic investment

Report warns against oil industry’s equivalent of the sub-prime mortgage crisis

Shell and BP have been warned by investors that their involvement in unconventional energy production such as Canada’s oil sands could turn out to be the industry’s equivalent of the sub-prime lending that poisoned the banking sector and triggered the current financial crisis.

The criticism came as a report was released yesterday warning of the potential financial risks of tar sands, and members of the UK Social Investment Forum met in London to consider a Co-op Investments campaign on halting oil industry involvement in the carbon-intensive oil projects.

The report, BP and Shell, Rising Risks in Tar Sands Investment, co-authored by Greenpeace and fellow campaign group Platform, argues that oil majors are trying to make up a shortfall in conventional reserves by an irresponsible dash to extract oil from bitumen and other sources.

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