Canadian oil sands development is now operating at scale, the shale gas and tight oil revolutions are upon us in the United States, and major institutional energy reforms in Mexico are under way that could enable substantial new investment in the Mexican oil and gas sector.
Yesterday, the Pembina Institute and Equiterre released a report entitled Booms, busts, and bitumen: The economic implications of
Canadian oil sands development.
Not exact matches
In March of 2008 the
Canadian Boreal Initiative, the Pembina Institute and the Alberta Research Council published a report recommending the use of offsets in the
oil sands region of Alberta as one tool to control the terrestrial impacts of
oil sands development, including the impact on caribou.
While provinces other than Alberta are projected to benefit, modelling by the
Canadian Energy Research Institute projects that 94 per cent of the GDP impact of
oil sands development will occur within Alberta.
The government and the
oil and gas industry have spent lavishly to promote fossil fuel
development, but a poll for the
Canadian Association of Petroleum Producers found that only 51 % of us think tar
sands /
oil sands development is worth the environmental risk; 49 % think it isn't.
In fact, U.S. employment supported by
oil sands development could grow to a peak of 600,000 jobs in 2035, according to one scenario in a new report from the
Canadian Energy Research Institute.
The
Canadian media are full of speculation that the
Canadian government will push for special treatment and protections from global warming regulation of its fastest - growing source of greenhouse gas emissions — the tar
sands oil development in Alberta, where much of Canada's
oil is derived.
Industry wins if
Canadians connect the dots between
oil sands development and personal economic prosperity.
(Reuters)- Exxon Mobil on Sunday continued cleanup of a pipeline spill that spewed thousands of barrels of heavy
Canadian crude in Arkansas as opponents of
oil sands development latched on to the incident to attack plans to build the Keystone XL line.
Hughes based his calculations on the 25.6 billion barrels of
Canadian tar
sands oil that are currently under active
development.
According to the Pembina Institute, a
Canadian non-profit think tank that advances clean energy solutions, «95 % of woodland caribou habitat in northeastern Alberta is to be lost in order to promote
oil sands development.»
Keystone XL Pipeline: A Potential Mirage for
Oil - sands Investors shows «new Canadian oil - sands development is increasingly economically questionable without the additional export capacity that pipelines such as KXL would bring», says Mark Lewis, external research advisor to Carbon Track
Oil -
sands Investors shows «new
Canadian oil - sands development is increasingly economically questionable without the additional export capacity that pipelines such as KXL would bring», says Mark Lewis, external research advisor to Carbon Track
oil -
sands development is increasingly economically questionable without the additional export capacity that pipelines such as KXL would bring», says Mark Lewis, external research advisor to Carbon Tracker.
We could do that — if radical greens in the Obama Administration, United Nations and eco pressure groups would end their ideological opposition to leasing, drilling, fracking, Outer Continental Shelf and Arctic National Wildlife Refuge
development,
Canadian oil sands, the Keystone pipeline and countless other projects.
The Nebraska hearing follows a similar affair held in Washington for the House energy committee, where
Canadian climate economist Mark Jaccard testified that, despite the conclusion in the State Department's Supplemental Environmental Impact Statement (SEIS), «The denial of Keystone XL will help to slow
development of the
oil sands.
•
Oil sands development associated with the Keystone XL could support 117,000 new U.S. jobs by 2035, according to the
Canadian Energy Research Institute (CERI).
In fact, State Department officials recognized that progress in
oil sands development has led to
Canadian crude
oil from
oil sands that is «similar in composition and quality to the crude oils currently transported in pipelines in the U.S. and being refined in Gulf Coast refineries.»
When the U.S. Council on Foreign Relations, a non-partisan group, explains that low taxes and low royalties have driven rapid
oil sands development,
Canadian taxpayers should pay full attention.
«New
Canadian oil -
sands development is increasingly economically questionable without the additional export capacity that pipelines such as Keystone XL would bring», says Mark Lewis, external research advisor to a report from Carbon Tracker, a think - tank focused on the investment risks posed by excessive fossil fuel extraction.
He has also been seconded to a major
Canadian oil sands owner, where he assisted in the
development and alignment of a full suite of EPC / CM standard form contracts.