Description: A new report by a London-based financial think-tank that focuses on climate risk ranked Alberta’s oilsands as one of the world’s costliest energy projects in the world; if the oil prices don’t rise, some of these projects could be cancelled.

Source: Financial Post

Date: August 15, 2014

Link:http://business.financialpost.com/2014/08/15/albertas-oil-sands-among-riskiest-energy-plays-in-the-world-report-says/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+FP_TopStories+(Financial+Post+-+Top+Stories)&__lsa=05b8-943d

Questions for Discussion:

1. How will this report impact investments in the Alberta oilsands?
2. Given the high costs and the environmental impact, should large oil companies reduce their investments in the Alberta oilsands?
3. What role should the Canadian government play in this—should they encourage or discourage more investments?