Alberta Makes Concessions to Oil-Sand Producers in Parks Plan

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"Final version of the conservation plan for the oil-sands region achieves 'balance between the environment, development and the community aspect of living and working in Alberta.'"

Dow Jones, Edward Welsch

A final version of the Alberta government's land conservation plan for the oil-sands region released Monday made some concessions to oil companies after the original plan threatened to cancel parts of several oil-sands leases in order to preserve them for caribou habitat.

"What we think this plan achieves is a balance between the environment, development and the community aspect of living and working in Alberta," Sustainable Resource Development Minister Mel Knight said during a press conference. . .View full article

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