{"id":30700,"date":"2013-02-12T17:41:00","date_gmt":"2013-02-12T17:41:00","guid":{"rendered":""},"modified":"2020-05-14T18:43:23","modified_gmt":"2020-05-14T18:43:23","slug":"5700-china-canada-tar-sands-deal-gets-final-approval","status":"publish","type":"post","link":"https:\/\/dialogue.earth\/en\/energy\/5700-china-canada-tar-sands-deal-gets-final-approval\/","title":{"rendered":"China-Canada tar sands deal gets final approval"},"content":{"rendered":"
China has gained access to Canada’s giant tar sands reserves this week, some of the most carbon-intensive fuels on the planet.<\/div>\n
 <\/div>\n
US regulators approved the US$15 billion takeover<\/a> of Canadian oil and gas company Nexen Inc by China’s state-owned CNOOC – China’s largest-ever foreign takeover. It needed US approval because of Nexen’s holdings in the US.<\/div>\n
 <\/div>\n
The state-owned energy giant now has access to offshore production in the North Sea, the Gulf of Mexico and western Africa, as well as the Middle East and now Canada.<\/div>\n
 <\/div>\n
But it’s Canadian tar sands that have been causing most concern to environmental activists.<\/div>\n
 <\/div>\n
Tar sands are deposits of oil mixed with clay and sand and embedded in rocks, often beneath the surface. <\/div>\n
 <\/div>\n
Extracting the oil has been estimated to be three times more carbon-intensive than conventional oil sources, according to Global Forest Watch Canada<\/a>.<\/div>\n
 <\/div>\n
It also requires vast open mines and has been linked to the pollution of local waterways with toxic chemicals.<\/div>\n
 <\/div>\n
A two-year study of the Athabasca River by ecologists at the University of Alberta<\/a> found levels of arsenic, copper, cadmium, lead, mercury, nickel, silver and zinc far in excess of national guidelines downstream from industrial oil sands sites in the Canadian province.
\n <\/div>\n
Some scientists say exploiting tar sands would produce enough carbon emissions to push the world towards dangerous levels of climate change<\/a>.<\/div>\n
 <\/div>\n","protected":false},"excerpt":{"rendered":"

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