This summer, with an election call in the offing and the debate over bitumen pipelines heating up anew, three of Canada’s oil sands giants ran full-page ads in newspapers across the country that made a bold—and to some minds, unlikely—claim: that some of their operations are producing oil “with a smaller greenhouse impact than the oil average.” What’s more, the ad suggested, shuttering the oil sands could result in higher carbon fuels replacing their products.
Industry leaders say they’ll continue to pursue ways to drive down the oil sands’ per-barrel emissions with a variety of promising innovations and huge sums invested in further research. Research analyst Kevin Birn, for one, has watched investor interest in carbon footprints rapidly increase. “Three years ago, I’d get a call [from investors] every six months. Last year it was once a quarter, and this year it was once a month,” says the vice-president for North American crude markets at IHS Markit. Birn is an apt guy to ask.
Extracted bitumen is roughly the consistency of peanut butter, notes Joule Bergerson, co-author of the Science paper and professor of chemical petroleum engineering at the University of Calgary, so it naturally requires more energy than conventional crude to convert to gasoline. Oil sands generally sit in the top quartile in global oil emissions intensity, she says—though there’s a range depending on the type of operation and the quality of the deposit.
CNRL executive chairman Steve Laut argues that green-minded people should look upon oil sands crude more favourably than oil from anywhere else in the world. “Because greenhouse gas emissions will go down if you have Canadian oil—from oil sands or any source,” he told the ARC Energy Ideas podcast this summer.
They have been trying.
Oil sands don't compare w/this 'China’s LONGEST coal transporting railway line, is expected to be put in operation in Oct. The 1,837-km railway will carry 200 million tonnes of coal annually from N China's Inner Mongolia to E China's Jiangxi' (People's Daily China) Macleans MIA
I ready don’t care what the evidence says I’ve chosen to believe that the oil sands are sustainable and GOOD for the environment!!!
Coming from experience environmentalist do bend and twist the truth. Having worked in industrial environmental field for a number of years in the research & development end. A lot of the data we got out of Science was wrong. We basically had to start from scratch.
I know it's hard to believe but Alberta is innovative in many many areas.
You assholes do nothing to support your fellow Canadians. You have Demonized the O&G industry in order to support the Liberal agenda to sabotage the west. Why a proposed tanker ban for the west but not the East? couldn't be more obvious.
Probably better than their share prices do.
They don't. It's a shell game of hiding emmisions. Our oil is carbon intensive and it takes mountains of natural gas to steam it out of the ground.
And I have ocean front property for sale in Ottawa!
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