Oilsands not targeted by U.S. green law after all

EDMONTON – A new U.S. law will not, as first feared, prohibit the purchase of fuels that may have come from Alberta’s oilsands

California Democrat Henry Waxman, in a letter clarifying the legislation he helped write, says the oilsands produce significantly higher greenhouse gas emissions than conventional petroleum sources.

For that reason, he says, “it is important that the federal government does not subsidize or otherwise support the expanded use of these fuels.”

Read the article here:

http://www.canada.com/edmontonjournal/news/story.html?id=59b9762f-d927-447c-8977-6f3b7e883910&k=57660

Much-scorned oilsands industry fights to improve its image

EDMONTON – Rick George has no illusions about how the oilsands industry that his firm started 41 years ago stands in fashionable opinion.

“There are a number of storm clouds threatening to rain on our parade,” the Suncor Energy president reminded the 2008 World Heavy Oil Congress in Edmonton this week.

Business and government leaders set out to counter green crusaders’ portraits of Alberta as a dirty energy superpower, or at least clear up some of the hazy imagery, by asking for the oilsands to be viewed through a reasonable sense of proportion.

Reads the story rhr;

http://www.canada.com/edmontonjournal/news/business/story.html?id=7a993c1a-064f-47c7-b093-f54cf69c69c4&k=20116