Oil-Sands Plans on Decline
Calgary, Alberta — The era of the megaproject in Canada’s oil sands is fading. Crude’s price slump, pressure to get off fossil fuels and tax increases in Alberta are adding to high costs and a lack of pipelines, prompting producers from Suncor Energy Inc. to Imperial Oil Ltd. to accelerate a shift to smaller projects. Companies are deferring new mines in favor of cheaper, bite-sized drilling programs that deliver quicker returns and...
Connecting Producers, Investors: ‘Slow Money’ Movement Seeks to Grow Vermont’s Food System
White River Junction — A new nonprofit that promotes investment in a sustainable local and regional food system held its first entrepreneur showcase last week. The sold-out event at the Coolidge Hotel reflected one of Slow Money Vermont’s main goals — connecting the state’s food producers with investors seeking to give them a boost. One of 24 local networks across the country, it’s part of a national effort led by Slow Money, a...
