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Posts Tagged ‘lionel lepine’

Rally targets oilsands investors

Posted by mhudema on June 18, 2008

By CAROL CHRISTIAN
Today staff
Tuesday June 17, 2008

“Stop funding our death” was one message sent to investors Monday during a protest at the Oil and Gas Investment Symposium hosted by the Canadian Association of Petroleum Producers in Calgary.

“Our community of Fort Chipewyan is in direct threat of being extinct because of the fact that the tarsands are polluting the water,” said Lionel Lepine of the Athabasca Chipewyan First Nation. “I want the whole world to know we have a crisis going on in our town.”

The protest was spearheaded by the First Nations communities as well as environmental groups such as Sierra Club Prairie, Greenpeace Canada and ForestEthics.

Challenges for people to drink water from Lake Athabasca were unanswered. Many in the First Nations community say the lake is toxic, contaminated by the oilsands.

Protesters didn’t have an opportunity to interact with investors. They were already inside the Hyatt Calgary which was “pretty secure,” said George Poitras of the Mikisew Cree First Nation. A number of people were watching the rally, some believed to be investors or staff from the various companies attending the symposium.
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Protesters serve dirty water

Posted by mhudema on June 17, 2008

Oil investors pass on oilsands H2O
BY ALICIA FOX
June 17, 2008 01:31

Tainted water from a lake near Fort Chipewyan and from the Athabasca River, was offered to international investors and members of the Canadian Association of Petroleum Producers by environmental protestors yesterday at the Calgary Hyatt Hotel.
“We’re here to tell the investing community that if they’re investing in the oilsands, they’re investing in something that comes with an increasing price tag,” said Mike Hudema from Greenpeace Canada.
Lionel Lepine from the Chipewyan aboriginal community said even the kids are wary about swimming in the lake and eating fowl or fish from the area which could be contaminated with arsenic and mercury due to oil sand production.
“Our whole tradition and way of life is in jeopardy,” Lepine said.

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Energy firms put on the spot

Posted by mhudema on June 17, 2008

Symposium lures investors and protesters
Jon Harding
Calgary Herald
Monday, June 16, 2008

Oil and gas companies swimming in cash. Protesters handing out bottles of Athabasca River water.

Both await 350 of the top institutional investors in the Canadian oilpatch as the Canadian Association of Petroleum Producers (CAPP) investment symposium begins Monday in Calgary.

The annual CAPP event opens with a different backdrop to a year ago, when drilling activity in Western Canada was in a rut and capital markets were dry as dust, particularly for scores of Canada’s junior and intermediate explorers.

Oil prices are fluttering towards $140 US a barrel and natural gas prices are up roughly 70 per cent since January — an almost immeasurable difference, although one that investors in equities have still not taken completely to heart. Some Canadian oil and gas stocks are up but the group as a whole has lagged behind growth in surging oil and natural gas.

Meanwhile, the world’s focus on Alberta’s oilsands has recently intensified amid global supply constraints and growing concern about the massive play’s environmental footprint.

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Energy battles boiling over

Posted by mhudema on June 17, 2008

Energy battles boiling over
Industry faces public conflict across Alberta
Richard Cuthbertson and Dan Healing, with files from Renata
Calgary Herald
Tuesday, June 17, 2008
Native elder Taz McGillis of Edmonton takes part in a protest Monday at the Canadian Association of Petroleum Producers symposium at Calgary's Hyatt Regency hotel.
CREDIT: Ted Jacob, Calgary Herald
Native elder Taz McGillis of Edmonton takes part in a protest Monday at the Canadian Association of Petroleum Producers symposium at Calgary’s Hyatt Regency hotel.

A Wall Street analyst attending Calgary’s prominent energy investment forum found himself in the eye of a growing environmental storm battering Alberta’s oilsands — one of several clashes centred on the energy sector Monday.

About 50 people gathered outside the Hyatt Regency to protest the Canadian Association of Petroleum Producers investment conference, an annual event that draws hundreds of oil executives and well-heeled corporate clientele from around the globe.

Ross Levin, a New York hedge fund analyst, decided to find out what the fuss was about, but when Greenpeace spokesperson Mike Hudema offered him a bottle of muddy Lake Athabasca water to drink — the main source of water for the booming oilsands — he declined.

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Investing in Environmental Destruction and Cultural Genocide

Posted by mhudema on June 17, 2008

Petroleum meeting greeted by protesters

Investors at a petroleum symposium in Calgary Monday were challenged to taste water taken from Lake Athabasca in northern Alberta.
Investors at a petroleum symposium in Calgary Monday were challenged to taste water taken from Lake Athabasca in northern Alberta. (CBC)Oilsands protesters challenged investors at a Calgary petroleum conference on Monday to drink from bottles of murky water from Lake Athabasca, which sits near Alberta’s major oilsands developments.

Environmentalists joined residents from the Fort Chipewyan area in northern Alberta at the annual symposium of the Canadian Association of Petroleum Producers to ask the oil and gas industry to slow down development long enough to fully study the water supply downstream from oilsands projects.

The protesters also wanted to attract the attention of hundreds of investors at the symposium.

“Our kids, my children, they swim in that water. They drink that water every day. They drink it and we drink it out of our taps, so if it’s safe, they should be able to take a drink of it too,” Lionel Lepine, a member of the 1,500-member Athabasca Fort Chipewyan First Nation, told CBC News outside the downtown meeting. Read the rest of this entry »

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