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The width of the pipeline network (green lines) is proportional to CO 2 flow; the largest CO 2 flow is approximately 36 MtCO 2 / yr for the $155/tCO 2 scenario (pipeline leaving the Athabasca oilsands area). The Alberta oilsands industry is expected to rapidly expand in coming decades; production could double or more in the next 10?15
Speaking at the at the University of Toronto’s Hart House Alumni Dinner Series, Canada Minister of Natural Resources, Joe Oliver, emphasized the pivotal role that Canada’s oilsands will continue to play in the country’s energy future. New energy markets and infrastructure offer tremendous benefits to Canada and Canadians.
Royal Dutch Shell plc announced the completion of two previously announced agreements by Shell Canada Energy, Shell Canada Limited and Shell Canada Resources (Shell) that will see Shell sell all its in-situ and undeveloped oilsands interests in Canada and reduce its share in the Athabasca OilSands Project (AOSP) from 60% to 10%.
The Alberta government has successfully negotiated contracts for two projects that will advance the upgrading and refining of oilsands bitumen to diesel fuel. billion barrels of oil from conventional reservoirs throughout the province, potentially generating up to $25 billion in additional provincial royalties and taxes.
ConocoPhillips has entered into an agreement to sell its 100% interest in the Clyden oilsands leasehold to Imperial Oil and ExxonMobil Canada for approximately $720 million (C$751 million) before customary adjustments. ConocoPhillips currently holds approximately 1.1 million net acres of land in the Athabasca Region of northeastern Alberta.
Very broadly, they found that an LCFS would buffer the economy against global oil price spikes, trim demand for petroleum, and lessen upward pressure on gas prices. Treat all crude oils as part of the overall pool of transportation fuels. We did not shy away from controversy. We are not advocates. Harmonize global LCFS policies.
In a pre-response to that speech, having successfully advocated for plug-in hybrids like the forthcoming Chevy Volt, we propose that the President follow that speech up with a “realistic and conservative” roadmap to halve our oil use in 10 years. Oil is holding us all hostage, economically and physically. Finally, it’s time to begin.
In principle, both emissions trading and GHG taxes can be used to achieve effectiveness and efficiency as both instruments directly tackle greenhouse gas emissions. Transportation consumes more than half of the oil used world-wide, and contributes roughly 25% of energy-related CO 2 emissions. —Creutzig et al.
On September 10 th , the EIA reported a production decline in the Lower 48—essentially shale production—of 208,000 BOPD (barrels of oil per day). Rather, Goldman Sachs was grabbing all the headlines with its $20 call on oil. Pundits will claim otherwise, suggesting that oil in the 50s or 60s will spur activity.
While natural gas is often cheaper than oil and gives off fewer emissions, developing the resource comes with risks, especially for smaller nations. Depending on the tax scheme, it may raise $1.5 billion in taxes. In 2010, the US Geological Survey (USGS) estimated that the Levant Basin—the basin of. —Paltsev et al.
A new report from the National Research Council examines and, when possible, estimates, “hidden” costs of energy production and use—such as the damage air pollution imposes on human health—that are not reflected in market prices of coal, oil, other energy sources, or the electricity and gasoline produced from them. of the estimated total.
million barrels per day of gasoline, jet fuel, diesel, natural gas liquids and crude oil through more than 8,000 miles of pipelines. Carbon dioxide is used in enhanced oil recovery projects. Second largest oil producer in Texas, producing more than 50,000 barrels per day. billion cubic feet per day. and Washington state.
The EA888 Gen3B retains many key features of its predecessors, from chain-driven double overhead camshafts to the twin balance shafts that not only counteract second-order internal forces but provide oil scavenging and crankcase breathing pathways. This helps the car remain steerable while reducing stopping distance.
If you consider buying one, make sure you plan on spending time off-pavement seeking sand, mud and snow, as its DNA is far different from any other SUV on the market. note: The 4xe is $5-10,000 more than a comparable non-electrified Wrangler, but it is also eligible for a variety of federal and local tax incentives.).
The US Department of State (DOS) has released its Draft Supplemental Environmental Impact Statement (SEIS) in response to TransCanada’s May 2012 application for the Keystone XL pipeline that would run from Canada’s oilssands in Alberta to Nebraska. The pipeline would primarily transport crude oil from the WCSB and Bakken regions.
Incremental well-to-wheels GHG emissions from WCSB OilSands Crudes Compared to Well-to-Wheels GHG Emissions from Displacing Reference Crudes Click to enlarge. Domestic production of crude oil has increased significantly, from approximately 5.5 That portion of the pipeline has already been built. million bpd in 2010 to 6.5
Tax credit incentives are also available to consumers in the U.S. Several global indicators on the supply of oil and the known carbon pollution environmental damages its caused all lead us to find cleaner ways of transportation. You also repeat the "peak oil" argument that Ive been reading since the 60s. We have oil!
However, the US military can play an important role in promoting stability in major oil producing regions and by helping protect the flow of energy through major transit corridors and on the high seas, the reports suggest. In the lead report, Bartis notes that global oil supplies are finite and thus, at some point, oil production must peak.
As part of the solution framework, the Israeli government will provide tax incentives to customers, Renault will supply the electric vehicles, and Project Better Place will construct and operate an Electric Recharge Grid across the entire country. Millions of EVs and PHEVs would expand the sale of electricity as an alternative to oil.
The proposed pipeline was to carry oilsands crude from Canada to the US Gulf Coast. I’m disappointed that Republicans in Congress forced this decision, but it does not change my Administration’s commitment to American-made energy that creates jobs and reduces our dependence on oil. Earlier post.). Earlier post.).
The Victorian state government also recently announced incentives for EVs but still stubbornly clung to their ill-advised and premature EV tax which their NSW counterparts have wisely delayed till 2027 or 30% uptake (whichever comes first). Will they bunker down and double down on their ridiculous stance?
If he thought he had passed the carbon tax or climate bill torch to someone else he was confident would bring it across the finish line he would have said so. Waxman knows that the Canadian tar sands are game over for the climate.
GM killed that car because of back room deals with oil companies, and now they expect us to believe that they are just so cutting edge now? GM killed that car because of back room deals with oil companies" GM "killed" that experiment because it wasnt even CLOSE to being cost effective. Engineering proptypes enjoy a tax break.
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