How Will Canada's Recent Environmental Compliance Requirement Affect Investor Behaviour of Oil Sands Investment?
Article from: OGEL 3 (2009), in OGEL Student Special
(CEPMLP) In bid to balance the effect of oil sands mining on the environment, the Canadian Province of Alberta moved to introduce a tax on the carbon emissions content of hydrocarbon like oil sands. This would serve to increase the cost of production for oil sands. The issue is whether this will act as a deterrent to investments in oil sands both present and future. Thus, this paper seeks to examine Alberta's recent fiscal changes regarding environmental compliance and the effect it would have on future investments.