The Most Destructive Project on Earth: Chevron Escapes Tar Oil Accountability
San Ramon, CA - Much will be said at the Chevron Corporation’s shareholder conference this week; the agenda is full. However, there will be little said about Chevron’s involvement in controversial projects concerning tar sand. Despite the requests of shareholders owning $31.4 billion dollars, Chevron will remain quiet, keeping the Alberta tar sand projects off the agenda.
Tar sand, a source of non-conventional oil, consists of bitumen, a sticky, tar-like form of petroleum which is so thick and heavy that it must be heated or diluted before it will flow. Harvesting tar sand requires huge amounts of energy and water.
In addition to heavy water use, extraction of Alberta’s Athabasca oil sands also involves clear-cutting of the Boreal Forest, formation of toxic “tailings” lakes, habitat destruction of iconic species such as the woodland caribou, and up to five times higher greenhouse gas emissions than conventional oil extraction. All of these factors lead Canada’s Environmental Defence to label tar sand development “the most destructive project on Earth.”
