One of Canada’s top economists is traveling to Europe to warn them about the environmental impacts of the tar sands. Simon Fraser economist Dr. Mark Jaccard has worked with governments in Canada and the US to fashion climate policies. He suggested that the emissions reduction efforts by governments around the world will make it increasingly difficult to find markets for Canadian crude derived from tar sands.
He is also warning that current efforts to expand Canada's tar sands could leave billions of dollars in stranded assets, including pipelines like TransCanada Corp.’s proposed Keystone XL
He is also warning that current efforts to expand Canada's tar sands could leave billions of dollars in stranded assets, including pipelines like TransCanada Corp.’s proposed Keystone XL
