2) The prospect of having to live with expensive price discounts for years takes a big toll on the economics of
future oil sand production economics (for once, discount rates work in the Greens» favour).
If the price of a barrel drops too much,
future oil sand plans are at risk and modular buildings won't be needed at that point.
If the price of a barrel drops too much,
future oil sand plans are at risk and modular buildings won't be needed at that point.
The Panel excluded any discussion of the environmental impacts of oil sands development, although they did allow the consideration of increased oil prices generated by the pipeline on the taxes and royalties associated with forecast
future oil sands production.
So, while a boycott — whether of tourism or of oil sands products — might be, in and of itself, ineffectual in halting oil sands development, it may still contribute to a more challenging business case for
future oil sands projects.
Not exact matches
The B.C. government has pinned much of the province's economic
future on LNG exports, saying the projects are equivalent to Alberta's
oil sands in terms of jobs and revenue generation.
The
future viability of
oil sands projects depends not just on your view of world
oil prices — it depends just as much on how these factors evolve, in particular discounts to Canadian heavy products and the Canadian dollar.
Since July,
oil prices have fallen significantly, and with them the revenue earned or expected from
oil sands projects, present and
future.
Proposed carbon pricing legislation in the U.S. as well as low carbon fuel standards being adopted by California and other states could make many
oil sands projects marginal or entirely uneconomic in
future.
For this analysis to hold water, you'd have to show that the barrels which would be transported by Keystone XL are, in fact, the marginal
future barrels of
oil sands production.
In theory,
oil sands operators are required to pledge financial security to pay for
future reclamation costs as they build new mines.
The
future of proposed studies on nanoparticles and
oil sands contaminants such as polycyclic aromatic hydrocarbons (PAHs) may now be dead.
The
future of the
oil sands lies with the growth of
oil demand in Asian markets, not in American ones.
... commit to a decision of where you see the Alberta
oil sands and the
future for the
sands and the exporting of bitumen
The risks associated with
future toxic waste from the
oil sands are, in some ways, more worrying than the much more widely known global warming ones.
They point to an article that you wrote in March, I think, of 2012 in Policy Options, where you basically said, dirty
oil, the tar
sands it's called, dirty
oil and the
future of our country, where you argue that the development of the, as you use the word, tar
sands, it's become a political term, by the way, as you know, is basically not necessarily good for the country, in fact it takes jobs away in the manufacturing sector of Ontario.
Alberta Premier Rachel Notley's political
future depends on landing a pipeline to carry heavy
oil from the Alberta
oil sands to tankers off the B.C. coast, and she is adamant a proposal by Kinder Morgan to expand its existing pipeline must proceed.
Given that the pipeline is anticipated to create about $ 4 billion per year in profits to the Enbridge shareholders and
oil sands producers, these are odious profits that come at the expense of people in other countries and into the
future.
Overly optimistic projections of
future oil supply, which are much higher than the latest NEB projections and don't consider the Alberta government's cap on
oil sands emissions imposed by its Climate Leadership Plan.
However, given the company's strong balance sheet,
future growth plans, and the strong long - term potential
future of America's shale
oil and gas production, I remain bullish on frac
sand producers in general, and US Silica specifically.
When more energy is spent getting at the
oil than the energy you extract, you stop drilling, so I don't see much
future for tar
sands, deep sea wells, etc. once the conventional sources get too expensive.
However, greatly increased
future production of heavy
oil, tar /
oil sands and bitumen in Canada and other countries with huge anounts of these carbon intensive fuel resources is now in full swing.
But the
oil industry is pushing as hard as ever for their pet project, and we need to show the president the connection between decisions to import tar
sands and a
future full of Sandys.
Environmentalists» statements about the massive greenhouse impact from
oil -
sand carbon don't mention that it would take a millennium or more, even at a breath - taking rate of extraction of, say, 5 million barrels a day, for that CO2 impact to be fully realized (as if no new energy options, or methods for sopping up CO2, will arise in the
future), as pointed out by Andrew Leach last June:
, we could still be the leader in developing safer clean energy for the
future and producing a better
future for our children, rather than going after the last drop of
oil in pristine environments, off - shore, in the tar
sands.
I've not seen a single one mention concerns about climate change as being relevant to the
future of fracking,
oil sands, etc — it's not just Fidelity.
Anecdotes only: as in a recent quote from a French
oil executive.AFP's story, Canada's tar
sands are the
future of
oil production: Total is the source of this particular quote.
The first - of - its - kind proposal asked Chevron to increase dividend payments to shareholders instead of spending so much on unconventional
oil, tar
sands and other projects that could be rendered unprofitable by
future climate policies or a related drop in
oil prices.
High carbon fossil fuels - in particular tar
sands, the most destructive and carbon intensive source of
oil - have no place in our
future or in our economy.
Further, shutting down the
oil sands would have a negligible impact on both our own transition to a green economy and the global transition to this
future utopia.
It would also send a strong signal to firms operating in all of our industrial sectors including the
oil sands that those firms which generate the highest value per unit of carbon will win, and thus create an energy industry in Alberta which is prepared to withstand the carbon constrained world in which we are likely to find ourselves for the foreseeable
future.
Proposed carbon pricing legislation in the U.S. as well as low carbon fuel standards being adopted by California and other states could make many
oil sands projects marginal or entirely uneconomic in
future.
The most significant source of Alberta's
future emissions is the production of bitumen, the thick
oil that is mined from the tar
sands.
For Canada's part, hydrogen could play a critical role in the
future development of
oil sands in a climate - responsible manner.
If
oil sands production were not expanded beyond today's level, the
future emissions for Canada would look something like the green line in the graph below.
The many research and technology advancements that have consistently improved
oil sands production have been chronicled in the IHS CERA study Oil Sands Technology: Past, Present, and Futu
oil sands production have been chronicled in the IHS CERA study
Oil Sands Technology: Past, Present, and Futu
Oil Sands Technology: Past, Present, and
Future.
Oil sands crude is critically important now and will be into the
future, IHS says — which is why we here in the United States should be ever so grateful for our energy partnership with Canada and attentive to ways that relationship can be strengthened.
The proposed
future development of the
oil sands constitutes a serious moral problem.
I'm still not entirely comfortable with nuclear but I admit ignorance there and thus don't really advocate directly against it (PS somewhat the same position with GM foods / crops); what I know enough to be afraid of and advocate against is a BAU
future of coal,
oil, and gas, especially one without CCS or other sequestration, with mountaintop removal mining, with tar
sands, with fracking (you may already be aware of the radioactivity associated with that), Hg, escalating prices, etc (and you would be against this too, I'm sure).
Nevertheless it appears that tar
sands will be a competitive source of
oil for the indefinite
future.
Increasingly larger volumes of liquid fuel made from tar
sands oil may, in the
future, be exported from US refineries with access to an
oil pipeline originating in Alberta Canada.
Two of the most environmentally destructive practices on the planet, palm
oil plantations and tar
sands exploitation, in one country in exchange for an unlikely sustainable
future.
The mandate of the joint review panel ensured that it focused on risks which can be mitigated without harming the pipeline or the prospect of
future of
oil sands development while ignoring the larger risks that can't be so easily mitigated.
Common Dreams By Jessica Corbett 6 Feb 2018 Michael Foster, the valve turner who temporarily halted the flow of tar
sands oil in TransCanada's Keystone pipeline in October 2016, called for
future actions to address the global climate crisis before he headed to prison, where he is expected to serve at least a year of his three - year sentence.