Posts Tagged ‘bitumen’

Exxonneration?

Tuesday, October 30th, 2018

Help is on the way. It was wonderful to read that ExxonMobil is being sued by the New York Attorney General’s office in the United States for the lies to investors about the pollution caused by producing oil from Alberta tar sands. After three years of investigating, it is claimed that ExxonMobil (through its Canadian subsidiary Imperial Oil) has been understating its carbon emissions taxation exposure to the tune of US$30 billion.

With carbon taxes expected to reach $50 per ton in at least 10 U.S. states as well as across Canada by 2023, this $30 billion oversight is going to cost ExxonMobil much more than $30 billion in catching up and in possible court penalties.

The charge is that Imperial Oil and its parent company ExxonMobil have been lying to investors and the public for many years. Those of us who knew about some of their lies were not surprised. To a company created by American John D. Rockefeller, the lies were just as to be expected and the US$30 billion and fines will be paid out of petty cash.

The lies about the tar sands go back to the beginnings of Alberta as a province of Canada. It was the lie told to every Canadian school child that the Athabasca and Cold Lake tar sands were the largest reserve of ‘oil’ in the world. The bitumen-like heavy oil of Venezuela is probably the larger reserve but political problems there are currently preventing that country from increasing production.

But it was more insidious to rename the tar sands as ‘oil sands’ and to pretend that Canadian bitumen was just another form of heavy oil. The problem is that bitumen has to first be converted to synthetic crude oil before it can be further refined into oil products. That initial refinery step produces three times the carbon pollution of normal crude oil refining. It produces huge quantities of what is called bitumen slag.

While none of the ExxonMobil lies to investors has yet been discussed in court, it will be very interesting to see what ExxonMobil’s lawyers say in the company’s defence.

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Copyright 2018 © Peter Lowry

Complaints, comments, criticisms and compliments can be sent to  peter@lowry.me

The political pivot point of 2018.

Wednesday, May 30th, 2018

In every election there is a point of pivot that decides the outcome. It has been fascinating listening to people across Ontario in the current campaign, learning of their concerns and frustrations. And they are concerned and conflicted and caring. They have been looking for solutions. Sometimes the solution can be forced on you by an outside source.

The pivot point came Tuesday, May 29. It took the high ground away from the Ontario liberals. It left the party of Wilfrid Laurier in limbo. It was the hypocrisy of the federal liberals that betrayed everything done for the environment by the provincial liberals that did the deed.

It was never easy for Ontario to end the use of coal to generate emergency electricity needs. And do not mention gas plants. It has not been easy for Ontario to promote hybrid autos. The province has had constant criticism of its efforts at cap and trade as an alternative to carbon taxes. The government has been vilified for its efforts to promote clean energy.

And what was the point of creating a greenbelt to protect our environment, our sources of potable water, our recreational areas and our farm lands? Our farmers seem to be unappreciative of the protection. Builders and politicians try to betray us.

We have Doug Ford to fight carbon taxes for the uncaring. Money beats caring about the environment with his rich friends. His voters hardly care about his loudmouth promises of magic money to cut taxes and give away the treasury. Doug Ford is a fool and he will be the fools’ folly.

And to suggest that the new democrats offer more than the liberals is an experiment that led to the disaster of Rae Days and then Harris’ hype.

So, who is the bad guy? Who let the dogs out?

Only our poster boy prime minister, Justin Trudeau, could leave us tumbling down the into the depths. He has forgotten his promises when a newby in Paris. He has forgotten it was once 2015. He no longer cares about the promises of Canada’s environment.

Trudeau and his neoliberal government of misfits have betrayed us all.

Nobody would care if it was just crude oil his pipeline would send to Burrard Inlet. Does he even know of the danger his pipeline threatens the environment? He wants to pipe diluted bitumen under pressure over the Rockies and on ocean-going tankers in the Straits of Georgia. He hardly cares that bitumen is a substance that just keeps on polluting.

Justin Trudeau has certainly polluted the Ontario election.

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Copyright 2018 © Peter Lowry

Complaints, comments, criticisms and compliments can be sent to  peter@lowry.me

Lies. And Trudeau-Trump lies.

Sunday, March 26th, 2017

You have come to expect it in the daily reports from the American White House. You know that the man in the White House tells lies. You just do not expect it from the guy in charge in Ottawa.

And you already knew that the guy in charge at the White House does not give a damn about the environment. You are more conflicted by the guy in Ottawa. This guy says he wants to save the environment and makes a big show of it. And then he approves doubling the Kinder Morgan pipeline over the Rockies to pump diluted bitumen to an ocean port. And he is a cheerleader for President Trump approving TransCanada’s Keystone XL pipeline to the Texas Gulf.

Of course, there is nothing new about the guff that Trump spews for the American news media. He even believes there are American jobs to be had. He had Russ Sperling, president of TransCanada Corporation in his office for the announcement. Sperling would have tripled the number of jobs created by that pipeline to get more bitumen to that Texas port. Hell, he might consider putting Trump’s grandmother on the payroll if that would help.

But it is not going to pave the way past all those environmentalists in the American Midwest who are digging their own trenches for the coming Keystone Wars. This question is not resolved by a long shot. Trump can try to call out the Nebraska National Guard if he likes but Keystone is going to have to run over a lot of environmentalist barricades on its way to the sea.

Trump appears to be drinking his own bath water though when he uses the usual untruths about Keystone. The American jobs Trump was going on about will be fleeting and if the entire line from Alberta to Texas involves as many as 400 maintenance jobs, it will be generous.

But by no stretch of the imagination will Alberta tar sands bitumen make North America self sufficient in ersatz oil. Nor will bitumen-based synthetic oil be cheaper. The greedy bastards who want to pipe the bitumen down the line will hardly be happy until the price of crude oil again hits the US$80 mark. And if we really tried to use bitumen-based oil to supply North America, we would all be knee deep in bitumen slag from trying to refine so much bitumen into synthetic oil.

It seems to be common knowledge now that Donald Trump usually does not know what he is talking about. What is Justin Trudeau’s excuse?

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Copyright 2017 © Peter Lowry

Complaints, comments, criticisms and compliments can be sent to  peter@lowry.me