As has become the norm, their objections were supported by over-estimates of the greenhouse gas
implications of oil sands development.
Not exact matches
In order to understand the impact
of the
oil price crash on
oil sands, you need to look at the
implications for each
of these categories.
Yesterday, the Pembina Institute and Equiterre released a report entitled Booms, busts, and bitumen: The economic
implications of Canadian
oil sands development.
The land area
of Florida (170,000 km ²) and England (130,395 km ²) are similar to the land area under which lies Alberta's
oil sands deposits (140,000 km ²), so the
implication is that, once these deposits are all extracted, the land area will be disturbed.
At the very least, the protests have increased awareness
of the
implications of developing the
oil sands deposits.
Their report considers the
implications for
oil -
sands producers with costs
of $ 65 / barrel and above.