Unholy alliance of oil spill winners

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Charles Homans at FP calls Canada the biggest winner from the BP spill in the Gulf of Mexico, because oil sands extraction presents fewer risks, according to the Canadian government. Still, it remains to be seen what kind of regulatory and investment climate surrounding oil extraction will emerge in the months and years ahead.

Other oil spill winners include yesterday’s fossil-fuel villains (Exxon), Republican governors, lawyers and democratic lobbyists. Added to this unholy alliance are environmental groups whose coffers will swell in the wake of the disaster.