As tar sands oil has a much larger carbon
footprint than conventional oil, climate change legislation targeted by Prop 23 would limit California's imports of high - carbon fuels — fuels that would likely include toxic tar sands oil from Alberta.
Not exact matches
Well, because tar sand - extracted oils have a 2X + greater carbon
footprint than «
conventional oil,» operating margins for producing
oil in Alberta will be roughly 1/2 as good as those of the competing state
oil companies, once Cap & Trade is fully implemented.
Critics of the TransCanada pipeline have warned of potential spills in America's heartland as well as the climate impacts of allowing more tar sands
oil, which has a higher carbon
footprint than conventional sources, into the US and other markets.
The
oil extracted is a thick, sticky form of crude known as bitumen, which emits more carbon
than conventional oil when burned and the mining itself has a heavy environmental
footprint, heavily opposed by climate and environmental activists.
Van der Veer went on to claim that the «well - to - wheels» carbon
footprint of Canadian tar sand extraction — in which Shell is heavily invested, seeing 74 % profit growth in the second quarter of this year — was only 15 % higher
than conventional sources of
oil.