And for a growing number of U.S. oil companies, many based in Houston, the infusion of Chinese cash in Canadian projects is welcome funding for some capital -
intensive oil sands projects.
They also say building the pipelines would boost carbon -
intensive oil sands production and therefore speed up the pace of climate change.
The Quest Carbon Capture and Storage project would be the first major effort to capture and store greenhouse gas emissions from Canada's energy -
intensive oil sands operations.
These commitments, in turn, will impact Alberta's oil and gas sector — and particularly the emissions
intensive oil sands — something that any credible pan-Canadian climate plan must necessarily do.
Not exact matches
Recovering crude from the
oil sands is a massively capital -
intensive business and there aren't enough deep - pocketed Canadian companies capable of making the necessary investments.
Canada currently produces about four million barrels of
oil a day but 61 percent of that volume comes from high cost and carbon
intensive mining in the tar
sands.
Oil sands are among the most greenhouse gas —
intensive forms of petroleum to produce.
More than 50 top European and U.S. scientists have written to the European Commission president urging him to press ahead with a plan to label tar
sands as more polluting than other forms of
oil, in defiance of
intensive lobbying from Canada.
BRUSSELS (Reuters)- More than 50 top European and U.S. scientists have written to the European Commission president urging him to press ahead with a plan to label tar
sands as more polluting than other forms of
oil, in defiance of
intensive lobbying from Canada.
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.
Environmentalists have urged Obama to reject the project's application for federal approval in order to hold the line against carbon -
intensive production from the
oil sands.
Environmentalists argue that the U.S. president needs to take a stand against further development of tar
sands oil, which is more carbon -
intensive than conventional crude
oil, and will put the world on what they call an unsustainable energy path.
compared to selected imports, Canadian
oil sands crudes range from 9 % to 19 % more emission -
intensive than Middle Eastern Sour, 5 % to 13 % more emission -
intensive than Mexican Maya, and 2 % to 18 % more emission -
intensive than various Venezuelan crudes, on a Well - to - Wheel basis;
But tar
sands are between 12 and 20 percent more carbon
intensive than even regular
oil, especially when burning of the, worse than coal, coke bi-product is taken into account.
Canadian
oil sands crudes are on average somewhat more GHG emission -
intensive than the crudes they would displace in U.S. refineries, as Well - to - Wheel GHG emissions are, on average, 14 % -20 % higher for Canadian
oil sands crude than for the weighted average of transportation fuels sold or distributed in the United States;
The nonpartisan Congressional Research Service found in a survey of published literature that because tar
sands oil is more carbon
intensive than conventional crude
oil, the Keystone XL pipeline would increase U.S. greenhouse gas emissions by the equivalent of «approximately 558,000 to 4,061,000 passenger vehicles» annually:
Companies with fleets of cars and trucks have a critical role to play ensuring that as America raises efficiency and embraces renewable fuels, we also turn away from the dirtiest, most carbon -
intensive sources of
oil — Canadian tar
sands.
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.
In «Dirty Deals ``, Friends of the Earth Europe and other environmental groups reveal how U.S. negotiators at the Transatlantic Trade and Investment Partnership talks work to undermine the EU's Fuel Quality Directive and unleash exports of dirty fuels, including tar
sands oil, a highly
intensive source of greenhouse gas emissions.
Crude from
oil sands is more carbon -
intensive than traditional
oil, but only marginally so, studies have found.
(But because extraction accounts for only a small portion of
oil's carbon emissions, which primarily issue from the tailpipes of vehicles, the State Department calculates that
oil sands oil is only 17 percent more carbon -
intensive when the entire lifecycle is considered.)
From an environmental point of view rail is one of the worst options for moving
oil sands since it is energy
intensive and rail lines tends to run alongs river edges so will be more of a risk to the environment.
In its report, EPA seemingly compliments the State Department for confirming that Canadian tar
sands oil is carbon
intensive when compared to other heavy crudes, due to increased emissions associated with extracting and refining it.
The pipeline will not be moving «average»
oil, of course, but rather tar
sands oil, which is especially dirty and carbon
intensive.
The process is so carbon
intensive that to create
oil from the tar
sands emits at least five times more carbon dioxide then does the effort of processing «sweet crude»
oil.
If the 800,000 bpd were replaced by the least emissions -
intensive U.S. domestic crude, cancelling Keystone XL and all the
oil sands production needed to fill it would only reduce emissions by about 28 Mt CO2 / yr, or about 0.003 ppm / yr.
Because the extraction of bitumen from those
sands is an energy -
intensive process, it emits more greenhouse gases than the extraction of
oil from conventional reservoirs.
But producing
oil sands is a messy, emissions -
intensive business; according to the U.S. Environmental Protection Agency, the extraction process produces 82 percent more emissions than conventional
oil drilling.
The EU tried to label tar
sands oil as more carbon -
intensive than other crude sources, and a public message from Archbishop Desmond Tutu and other African leaders accuse Canada of contributing to famine and drought (studies have shown tar
sands are likely to devastate agriculture in Africa).
I'll be blunt: The pathetic attempt by the Canadian government to rebrand the highly polluting, highly environmental destructive, highly energy and carbon
intensive tar
sands industry as «ethical
oil» rears its ugly head again via CBC News.
I'll be blunt: The pathetic attempt by the Canadian government to rebrand the highly polluting, highly environmental destructive, highly energy and carbon
intensive tar
sands industry as «ethical
oil» rears its ugly head again via
It has also led them to explore for and develop more carbon
intensive unconventional fossil resources such as tight
oil, with associated increases in emissions from flaring; thermal enhanced
oil recovery, with increased emissions associated with producing steam, and
oil sands, with increased emissions associated with extraction, upgrading and refining (Brandt et al. 2010).
Heintz: Our first step was to exit from investments in coal and tar
sands oil, two of the most carbon -
intensive fossil fuels.
1) It is true that Venezuelan heavy
oil is almost equally carbon
intensive as the
oil sands product, but increased Alberta bitumen production will not cause a barrel - for - barrel drop in Venezuelan production, so it would not be appropriate to use Venezuelan carbon intensity in any incremental comparison, if that is what you are arguing for.
Canada, on the other hand, continues to invest heavily in developing
oil and gas exports, including the
oil sands, one of the world's most carbon -
intensive fossil fuels.