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Delays underline flawed strategy in Canadian Tar Sands

This article was first published in Platform’s Carbon Web newsletter, issue 11. The collapse in the oil price in the autumn of 2008, tumbling from $147 to $40 per barrel, saw a corresponding rout in one of the most high-cost oil provinces in the world – the Canadian tar sands. From September to April, week...
BP and Shell: Rising Risks in Tar Sands Investment

BP and Shell: Rising Risks in Tar Sands Investment

This report details the range of existing and emerging risks that BP and Shell face from their expansion of production in the Canadian Tar Sands. We believe these risks are significant for BP and Shell shareholders and that investors should question the companies more deeply on their tar sands strategies, and call for greater transparency...

Preventing an industrial tipping point

This article was first published in Platform’s Carbon Web newsletter, issue 10. BP, Shell & the Canadian tar sands Under the pristine boreal forest in Northern Alberta lie the Canadian tar sands, a vast carbon time bomb that if ignited will dramatically increase the chance of passing a climate change tipping point. While a rational...