Both CAPP and Conference Board studies are spun to make
the benefits of oil sands developments appear to be more evenly widespread throughout Canada than they are.
On Thursday, June 16, API hosted bloggers for a conference call to discuss the economic
benefits of oil sands development and the construction of the Keystone XL pipeline.
The economic
benefits of oil sands development, while considerable, are unevenly distributed across the country, making interprovincial tensions understandable.
Not exact matches
Under the new guidelines, the acquisition
of oil sands companies by foreign state - owned enterprises will only be found to constitute a new
benefit for Canada in «exceptional circumstances.»
«In light
of growing trends, and following the decisions made today, the government
of Canada has determined that foreign state control
of oil sands development has reached the point at which further such foreign state control would not be
of net
benefit to Canada,» Harper said.
Little wonder that the promise
of benefits from
oil sands development is cold comfort for Ontarians and Quebeckers as the once - dominant manufacturing sector struggles to reinvent and revitalize itself.
Having recently called out the federal government for failing to provide a justification for its decision to approve Shell's Jackpine mine
oil sands expansion project (an approach that serves no interest other than the government's, as even industry would stand to
benefit from knowing why one project is justified while another, e.g. Taseko's original Prosperity mine, is not), it was reassuring to see that at least this Joint Review Panel (JRP) shares my understanding
of this obligation under the Canadian Environmental Assessment Act, 2012, SC 2012, c 19.
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.
Refining and production are, for the most part, separate activities — they don't
benefit much from integration in the physical sense (
oil sands upgrading from mines is a bit
of an exception, since the waste heat from the upgrader can feed the extraction plant).
Oil sands development is a matter of provincial government policy: in a government policy paper (the Mineable Oil Sands Strategy) issued a few years ago (and since recalled), the core area of the oil sands resources in Alberta was designated a «sacrifice zone», within which it was acknowledged that significant and irreversible environmental impact would be permitted to occur, to enable the realization of the significant economic benefits such development promis
Oil sands development is a matter
of provincial government policy: in a government policy paper (the Mineable
Oil Sands Strategy) issued a few years ago (and since recalled), the core area of the oil sands resources in Alberta was designated a «sacrifice zone», within which it was acknowledged that significant and irreversible environmental impact would be permitted to occur, to enable the realization of the significant economic benefits such development promis
Oil Sands Strategy) issued a few years ago (and since recalled), the core area
of the
oil sands resources in Alberta was designated a «sacrifice zone», within which it was acknowledged that significant and irreversible environmental impact would be permitted to occur, to enable the realization of the significant economic benefits such development promis
oil sands resources in Alberta was designated a «sacrifice zone», within which it was acknowledged that significant and irreversible environmental impact would be permitted to occur, to enable the realization
of the significant economic
benefits such development promised.
Again, you could choose to give Young the
benefit of the doubt that he was only talking about cars, not trucks, and then you are likely pretty close to the right number for
oil sands emissions.
Only after multiple extensions was final approval granted and even then, it came with several caveats, the most notable being, ``... given the inherent risks posed by foreign SOE acquisitions in the Canadian
oil sands, the Minister
of Industry will find the acquisition
of control
of a Canadian
oil sands business by a foreign SOE to be
of net
benefit to Canada on an exceptional basis only» (emphasis added).
Regarding Keystone, I myself think it is clear that Obama should say no to Keystone, because it is something in his power to do, which would have some effect on retarding development
of the tar
sands (despite what the flawed State Department EIS [Environmental Impact Statement] said), and because we really wouldn't get any significant
benefit from saying yes; no real
oil security, few permanent jobs, and most
of the money goes to Canada and to refiners in free - trade zones.
Writer and activist McKibben vividly contrasts the deep
benefits of such sustainable endeavors as chemical - free beekeeping with the toxicity
of tar -
sands oil production and Washington politics.
that aimed to spin away some
of the criticism they have been facing in the aftermath
of this spill, including claiming that the
oil is conventional crude, not tar sands oil and that they are not benefiting from the Oil Liability Trust Fund loophole that exempts tar sands o
oil is conventional crude, not tar
sands oil and that they are not benefiting from the Oil Liability Trust Fund loophole that exempts tar sands o
oil and that they are not
benefiting from the
Oil Liability Trust Fund loophole that exempts tar sands o
Oil Liability Trust Fund loophole that exempts tar
sands oiloil.
Alberta Energy has awarded Titanium Corporation a C$ 3.5 - million grant to research the value - added opportunities and environmental
benefits of stripping out hydrocarbons and heavy minerals from
oil sands... Read more →
That means that the environmental
benefit of raising fuel efficiency from 20 to 27 MPG would be wiped out if that vehicle is now burning
oil from tar
sands.
I believe that a globally credible GHG policy is the only way to ensure the continued success
of the
oil sands industry, but I believe that we must build the policy on our own terms, not using reference points which were chosen for the
benefit of other regions.
Benefits of Keystone pipeline could prove a «mirage» for
oil -
sands investors, former investment bank analysts warn
I think the approach
of focusing on
oil sands because they are a relatively new and growing industry misses the point
of full - cost accounting — we should be looking to maximize the net
benefits we derive from our resources, and this should apply to everything we do.