Tar sands: China invests in Canadian oil as U.S. moves out
The Canadian province of Alberta is home to a particularly dirty kind of oil field: so called ‘Tar Sands’. The world’s largest source of bitumen – a heavy, black form of crude oil extracted by surface mining – is located in the northeastern portion of the province. Most of the oil mined from Canada’s tar sands is destined for refineries in the United States, but with American companies shying away from the oil sands due to environmental pressure and China moving in, things look to be changing. An article in the Guardian explains: China’s growing investment in the tar sands…
