Financial Times FT.com

Climate change

Canada oil sands rules get UK backing

By Jean Eaglesham, Chief Political Correspondent

Published: April 9 2008 02:53 | Last updated: April 9 2008 02:53

Tough environmental regulations that will increase significantly the costs faced by two British companies, BP and Royal Dutch Shell, in exploiting Canada’s huge oil sands reserves were on Wednesday backed by Malcolm Wicks, the energy minister.

In an interview with the Financial Times, Mr Wicks also sought to justify the government’s lobbying in Brussels to allow carbon capture and storage projects to count towards the UK’s target for renewable energy.

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