The foreign funding can help pay for what research firm IHS CERA estimates will be $ 100 billion in spending on
oil sands projects over the next decade.
Not exact matches
Job creation is
projected to slow down
over the next few years due to technological advances in
oil sands processing and a slower growth in international demand for
oil products, but the growing demand for base metals is expected to buoy employment opportunities.
Job creation is, however,
projected to slow
over the next few years due to technological advances in
oil sands processing and slower growth in international demand for
oil products.
In preparation for testimony before the House of Commons finance committee in Ottawa on March 10, I pulled together some thoughts on three aspects of the impact of the
oil - price crash on
oil sands projects and policies, and I thought I'd share them with you here
over this and the next couple of posts.
Conventional crude
oil prices are now below $ 50 a barrel, and last week Royal Dutch Shell cited «uncertainties»
over pipeline shipments in canceling a $ 2 billion
oil -
sands project.
Instead of requiring perpetual subsidies, á la the «renewable» technologies that President Obama intends to redouble if he is reelected, the
oil sands generate vast sums in royalties and taxes: an anticipated $ 690 billion into federal and provincial coffers all across Canada
over the life of the
project.
Genome Alberta announced C$ 25.2 million (US$ 22.2 million) in public / private funding
over four years for two new genomic research
projects, one targeted at enhanced recovery of fossil hydrocarbon resources from
oil sands and coal beds through biological processes, the other focused on discovering plant genes that can be sequenced and used... Read more →
It's time to take a stand against the Keystone XL pipeline, a dangerous and destructive
project that would pump
over one million barrels of dirty «tar
sands»
oil from Canada to the USA every day.
Indeed, our analysis supports recent comments in the EPA's review of the State Department's final impact statement that, with
oil prices in a sustained range of $ 65 - $ 75, «construction of the pipeline is
projected to change the economics of
oil sands development and result in increased
oil sands production, and the accompanying greenhouse gas emissions,
over what would otherwise occur» [2].
Over the last two decades, global warming activists succeeded in slowing the development of the
oil sands, blocking major pipelines like Keystone XL, phasing out coal plants and banning shale gas and
oil projects.
Lawrence Solomon:
Over the last two decades, global warming activists succeeded in slowing the development of the
oil sands, blocking major pipelines like Keystone XL, phasing out coal plants and banning shale gas and
oil projects.