U.S. carbon rules pose oil sands hurdles

This article by Shawn McCarthy was published in the Globe and Mail on January 6, 2010.

Canada’s oil sands producers face the prospect of a patchwork of costly climate regulations in their key U.S. markets as American states step up their efforts to adopt California-style low-carbon fuel standards.

Dozens of states are moving ahead with regulations that would penalize more carbon-intensive fuels like those made from oil sands bitumen, and encourage the use of greener alternatives. The states are proceeding amid growing doubts about President Barack Obama’s ability to get cap-and-trade legislation through Congress this year. Read the Rest of this Entry >>

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