Some commentators on the Keystone decision have noted that, at sub - $ 50 oil, the prospects for
new oil sands development are slim, pipeline or not.
Not exact matches
HSBC, the biggest bank in Europe and the world's seventh - largest, has resolved to stop funding Arctic drilling, tar
sands /
oil sands development, and most
new...
Aerosols from the production of heavy
oil is a growing climate and pollution concern because
new tar
sands developments are on the drawing board in Venezuela, Utah and elsewhere, the study says.
In fact, U.S. employment supported by
oil sands development could grow to a peak of 600,000 jobs in 2035, according to one scenario in a
new report from the Canadian Energy Research Institute.
In fact, climate pollution from the
oil sands has doubled in the last decade and is predicted to double again in the next decade if all the
new development is allowed to go ahead.
IHS CERA's
new environmental assessment of the Keystone XL pipeline and pipeline - related
oil sands development sends a pretty clear message to President Obama as he decides whether to approve the full project's construction: There's not a climate rationale for rejecting the pipeline — and along with it, tens of thousands of U.S. jobs, economic uplift and greater energy security.
Keystone XL Pipeline: A Potential Mirage for
Oil - sands Investors shows «new Canadian oil - sands development is increasingly economically questionable without the additional export capacity that pipelines such as KXL would bring», says Mark Lewis, external research advisor to Carbon Track
Oil -
sands Investors shows «
new Canadian
oil - sands development is increasingly economically questionable without the additional export capacity that pipelines such as KXL would bring», says Mark Lewis, external research advisor to Carbon Track
oil -
sands development is increasingly economically questionable without the additional export capacity that pipelines such as KXL would bring», says Mark Lewis, external research advisor to Carbon Tracker.
Of course, the
development of
new oil sands projects depends on a recovery in the world
oil price.
As suggested in the article, the only way to stop the
development of the
oil sands (or any
new oil development for that matter) is to address the supply side of the supply - demand curve, because as long as
oil is at $ 90 bbl the producers will find a way to get their product to market.
•
Oil sands development associated with the Keystone XL could support 117,000
new U.S. jobs by 2035, according to the Canadian Energy Research Institute (CERI).
Canadian
oil sands development is now operating at scale, the shale gas and tight
oil revolutions are upon us in the United States, and major institutional energy reforms in Mexico are under way that could enable substantial
new investment in the Mexican
oil and gas sector.
I do not agree with the view that preventing
new pipelines will do little to slow
development of the
oil sands or that the
development of access to foreign markets for bitumen is inevitable.
«
New Canadian
oil -
sands development is increasingly economically questionable without the additional export capacity that pipelines such as Keystone XL would bring», says Mark Lewis, external research advisor to a report from Carbon Tracker, a think - tank focused on the investment risks posed by excessive fossil fuel extraction.