.... And?... I saw a kitten stuck in a tree once, are the oil companies complicit in that too?
Nope.
.... And?... I saw a kitten stuck in a tree once, are the oil companies complicit in that too?
Your lucky day.
I am not saying they shouldn't be working to get the natural resource out of the ground, I just believe
they could do it in a manner that doesn't create the destruction it does at present.
The fact
is however the current oil tar sands are an environmental disaster. The water diversion and contamination is
a huge problem that has to be dealt with. Yes it costs more money and yes it is an ethical question.
The other ethical problem is this, we have a huge resource here and all be it, it is in Alberta. If the
gold and other minerals in Ontario belong to all and the BC Forests benefits belong to all Canadians
then why wouldn't some of the oil belong to all Canadians? Why is it that we allow the major oil
companies to reap the profits? Of course they need to make some but real cost royalties have to
be determined and paid, and in my view the little they pay is not what should be paid and why do these
royalties end up in the hands of governments?
If the resource belongs to you and I then we should
get the royalty checks from Canadian resource industries. Crazy? Not really Alaska has done it for
years, even there they are not getting the worth of their resourses. Myself I think if we are not going to
have a direct benefit to Canadians, we should have a national resource price and a world price.
Escaped from Ft Crack SPCA? Or is it an Arab cat?
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If I'm understanding you correctly, your point is that there is no value to the concept of 'ethical' anything.
You're not understanding me correctly. Of course there is value to ethical shopping. He makes the comparison to fair trade coffee, and fair trade coffee is definitely a good idea if you think producers should be able to make a decent wage producing goods, or from ecological principles, etc. I don't even have any problems with the categories of indicators he uses to differentiate Canadian oil from Nigerian oil. If anyone has read the book, or the excerpts, he starts from a false premise to begin with. He takes as a 'liberal' starting point for his methodology whether we should use more oil sands oil, or some perfect fantasy fuel. Since that perfect fuel doesn't exist, he says we should use more ethical oil until this perfect replacement is found.That's pure nonsense. That's the red herring, stemming from a false premise.
Here's a wee news flash for ya... Rarely, does one extract nat gas without oil (and oil without gas)...
The red herring is that we should use 'more ethical' oil until a better choice is found?
I believe it is a given that our society requires significant amounts of oil to run as is.
Does it not make sense to aim for 'more ethical' oil to be used?
Cap'n, I agree with a lot of your points/persepctive but this was off. There are quite a number of formations that produce mostly natural gas (methane... both sweet and sour) without much for heavier hydrocarbons, whereas the all oil formations that do produce gas in some measure, although it has not always been economical to recover and sell this gas. Oil formations that don't produce any gas are longer producing ones that have had the pressure decline to the point where the light ends have all flashed off and been lost years ago, and usually formations that are almost depleted or may not ever have a significant portion of their reserves produced because of this pressure loss.
This is nothing new folks.... Ever hear of Blood diamonds? People already have ethical diamonds to look good, and theres a council to regulate it. We already have ethical diamonds... Compared to other countries withbitumen like Venezeula, we come out on top. In terms of sustainable development, exploitation, production and exploration we treat our workers and citizens the fairest and best. Ive never worked in venezeula but i have in other spanish countries in the area and people get there houses bulldozed and are not reimbursed if the said company finds something underground. At least in canada not everyone falls through the cracks...
We'll get to see over the next few months how a large financier views the ethics of synthetic crude oil produced in the Athabasca region.
Royal Bank of Canada Steps Away from Tar Sands With Support for First Nation RightsSAN FRANCISCO, Dec. 22 /CNW/ - The Royal Bank of Canada (RBC) today made public its new environmental and social standards, which will govern financing of clients in high-impact sectors including Canada's tar sands. The announcement marks a significant about face on tar sands by one of the sectors biggest financiers. The policy is the first by a major international bank to document whether bank clients have received consent from Indigenous communities. This follows nearly two years of campaigning by Rainforest Action Network (RAN) alongside First Nations concerned about the negative impacts of tar sands development.
Just week's after Canada signed on to the United Nations Declaration on the Rights of Indigenous Peoples (UNDRIP), RBC's policy breaks significant new ground among international banks with its handling of Indigenous rights. For bank clients in high-impact sectors, including the tar sands, the policy guides bankers to document where client activities impact Indigenous communities and the status of consultation with those communities. Bankers will have to examine whether clients have "policies and processes consistent with the standard of Free, Prior and Informed Consent."
"With RBC's new policy, the banking giant has made a promise to take responsibility for its financing in the tar sands and to uphold the rights of First Nations. We commend the bank for its new commitment, and look forward to seeing policy put into practice," said Brant Olson, campaign director for the Rainforest Action Network. "RBC is raising the bar for the financial sector and signaling to oil and gas corporations that it is time to take environmental and human rights seriously."
RBC's new policy will impact a range of companies operating in the oil and gas industry. The policy will instruct bankers to prepare an Environmental and Social Risk Review Report on all clients, and review whether clients are complying with new environmental and human rights standards. Senior bank executives will review these reports and decide how the bank should respond to any possible deficiencies.
Call it spin if you want but it is true. Buying oil from the middle east is supporting tyrants.