Press Advisory: Tar Sands Producers Face a Growing ‘Constellation of Risks’ as Public Opposition Hits Industry’s Bottom Line

--()--What: A new report by the Institute for Energy Economics and Financial Analysis (IEEFA) and Oil Change International quantifies for the first time the financial and carbon impact of public opposition to pipelines and other expanded investment in tar sands production.

The report, “Material Risks: How Public Accountability Is Slowing Tar Sands Development,” presents market analysis and industry data to support its estimates on lost sales revenue to the tar sands industry as public opposition creates delays and project cancellations. The report also describes other market forces that are putting tar sand developers at a growing disadvantage.

When: 11:00 am ET, Wednesday, October 29, 2014

Where: By phone:

Dial-in: 1-866-952-7525

Passcode: TARSANDS

The report will be available here at 11:00 am ET October 29th:

http://www.ieefa.org/ and http://priceofoil.org/

Who:

Tom Sanzillo, Director of Finance, Institute for Energy Economics and Financial Analysis

Stephen Kretzmann, Executive Director, Oil Change International

Deborah Lawrence Rogers, Executive Director, Policy Forum

Lorne Stockman, Research Director, Oil Change International

The Institute for Energy Economics and Financial Analysis (IEEFA) conducts research and analyses on financial and economic issues related to energy and the environment. The Institute’s mission is to accelerate the transition to a diverse, sustainable and profitable energy economy and to reduce dependence on coal and other non-renewable energy resources.

Oil Change International (OCI) exposes the true costs of fossil fuels and identifies and overcomes barriers to the coming transition towards clean energy. Oil Change International works to achieve its mission by producing strategic research and hard-hitting, campaign-relevant investigations; engaging in domestic and international policy and media spaces; and providing leadership in and support for resistance to the political influence of the fossil fuel industry, particularly in the United States.

Contacts

Energy Economics and Financial Analysis (IEEFA)
Karl Cates, 917-439-8225
kcates@ieefa.org
Twitter: @ieefa_institute
or
Steve Kretzmann, 202-497-1033
steve@priceofoil.org
Twitter : @Kretzmann, @PriceofOil

Contacts

Energy Economics and Financial Analysis (IEEFA)
Karl Cates, 917-439-8225
kcates@ieefa.org
Twitter: @ieefa_institute
or
Steve Kretzmann, 202-497-1033
steve@priceofoil.org
Twitter : @Kretzmann, @PriceofOil