abusesaffiliationarrow-downarrow-leftarrow-rightarrow-upattack-typeburgerchevron-downchevron-leftchevron-rightchevron-upClock iconclosedeletedevelopment-povertydiscriminationdollardownloademailenvironmentexternal-linkfacebookfiltergenderglobegroupshealthC4067174-3DD9-4B9E-AD64-284FDAAE6338@1xinformation-outlineinformationinstagraminvestment-trade-globalisationissueslabourlanguagesShapeCombined Shapeline, chart, up, arrow, graphLinkedInlocationmap-pinminusnewsorganisationotheroverviewpluspreviewArtboard 185profilerefreshIconnewssearchsecurityPathStock downStock steadyStock uptagticktooltiptwitteruniversalityweb
Story

25 Feb 2020

Canada: Teck Resources withdraws from oil sands mining project in Alberta, citing absence of a framework that reconciles resource development and climate change

See all tags

- The project would have increased Canada’s oil production by about 5%, while destroying 24,000 acres of boreal forest and releasing millions of tons of climate-warming carbon dioxide every year

- Environmental think tank says, “there was never an economic pathway for this project under global demand scenarios consistent with the Paris climate agreement”