STOP: Stop Tar Sands Operations Permanently

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Abandon Tarsands says Investor

Posted by mhudema on September 15, 2008

Abandon oil sands, urges big investor

One of Britain’s biggest investors will launch a campaign this week to persuade Shell and BP to drop their plans for heavy investment in oil sands and shale projects in North America.

Co-operative Asset Management is concerned that the huge environmental costs of producing crude from oil sands or shale could change the economics of these so-called ‘unconventional’ fuel sources, putting the oil companies and their investors at risk of a huge wasted investment. Read the rest of this entry »

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