STOP: Stop Tar Sands Operations Permanently

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Posts Tagged ‘unconventional oil’

Dirty Oil could Bake the Planet

Posted by mhudema on July 31, 2008

‘Unconventional oil not sustainable’

listen

A report on extracting oil from oil sands and oil shale says the methods are environmentally and economically unsustainable and will undermine efforts to combat global warming because of the increased levels of atmospheric CO2 that is produced during production.

According to the World Wildlife Fund and Manchester-based Co-operative Financial Services, oil companies are increasingly looking to exploit new oil sources, previously deemed uncommercial, to meet world demand.

However, the extraction of oil from oil sands and oil shale creates up to eight times as many emissions as conventional oil production does. It also involves three times as much water to produce a barrel of oil and involves forest clearance.

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Unconventional Oil (like the Tar Sands) Threaten Environment

Posted by mhudema on July 31, 2008

Unconventional oil sources ‘threaten environment’

Tuesday, 29 Jul 2008 12:52

The search for unconventional oil could harm the environment, report claims

Using unconventional fuel sources such as oil sands or oil shale could have “catastrophic” effects on the environment, a report warned today.

The sources have been viewed as an attractive option due to the rising price of oil but the WWF and the Co-operative Financial Services (CFS) say investing in them is both environmentally and economically unsustainable.

Their report claims that if all 1.1 trillion barrels of potentially extractable North American unconventional oils were exploited within the next century, it would result in atmospheric carbon dioxide (CO2) levels of between 49 and 65 parts per million.

This could result in climate change being accelerated to levels that would threaten a mass species extinction.
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Obama May Say No to the Tar Sands

Posted by mhudema on June 25, 2008

Obama’s eyes on oilsands
Democratic candidate’s clean-oil vow threatens Alberta
Sheldon Alberts
Canwest News Service
Supporters greet Barack Obama in Las Vegas yesterday. According to a U.S.-Canada relations expert, it seems the presumed Democratic presidential nominee wants to eliminate 'dirty' oil sources such as the oilsands. 'He is very aware of them and the process that's generating them.'
CREDIT: Reuters
Supporters greet Barack Obama in Las Vegas yesterday. According to a U.S.-Canada relations expert, it seems the presumed Democratic presidential nominee wants to eliminate ‘dirty’ oil sources such as the oilsands. ‘He is very aware of them and the process that’s generating them.’

WASHINGTON — Barack Obama took aim at the Alberta oilsands yesterday, declaring he would break America’s addiction to “dirty, dwindling, and dangerously expensive” oil if he is elected U.S. president

Jason Grumet, Obama’s senior energy adviser, told reporters it’s an “open question” whether the oilsands fits Obama’s plan to shift the U.S. sharply away from carbon-intensive fossil fuels.

“If it turns out that the only way to produce those resources would be at a significant penalty to climate change, then we don’t believe that those resources are going to play a growing role in the long-term future,” said Grumet.

The remarks amount to a shot across the bow of Alberta’s oilsands industry, which is planning to boost production from 1.3 million barrels a day to 3.5 million barrels over the next decade.

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