canada oil sands need more emissions measures
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Canada oil sands need more emissions measures

Arab Today, arab today

Arab Today, arab today Canada oil sands need more emissions measures

The vast oil sands deposits in northern Alberta
Calgary , Alberta - Arab Today

Canada’s oil sands need more emissions-cutting measures and monitoring, an official panel said on Friday in recommendations that could potentially raise costs in a high-cost region that international players have increasingly abandoned.
The report from the Oil Sands Advisory Group (OSAG) of the Alberta province, which lays out the blueprint for the 100-megaton cap on emissions for the heart of Canada’s energy sector, is non-binding.
The Alberta government, which introduced the bill for the cap late last year, said in a statement that it will review the recommendations and hold consultations starting June 27.
Alberta’s economy is largely dependent on oil and its government has said its carbon-managing measures are needed to gain federal approval for pipelines that help export its landlocked crude.
The OSAG outlined reviews for emissions-cutting that would be triggered as carbon output approaches the 100-megaton cap. Facilities that exceed emissions limits could face a C$200 ($151.29) per ton penalty, according to the report.
The advisory group also recommended requirements for new facilities and expansions to use the best available technology economically achievable to reduce emissions.
Companies should also be required to prepare plans for managing greenhouse gases and their use of technology, and high-emission intensity portions of resources should be left in the ground if possible, the group said.
The vast oil sands deposits in northern Alberta are home to the world’s third-largest crude reserves but also carry some of the highest production costs.
International oil companies including Royal Dutch Shell PLC and ConocoPhillips have sold off billions in assets to Canadian producers since the start of 2017, stoking concerns about the future of the resource.

Source: Arab News

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

canada oil sands need more emissions measures canada oil sands need more emissions measures

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

canada oil sands need more emissions measures canada oil sands need more emissions measures

 



GMT 06:01 2017 Wednesday ,03 May

Trump to speak with Putin today

GMT 14:35 2017 Saturday ,22 April

GCC to exempt oil from value added tax

GMT 14:36 2017 Thursday ,27 April

Artists' wages for Ramadan drama of 2017

GMT 03:49 2017 Tuesday ,03 October

KACND stresses support for Saudi youths

GMT 20:48 2017 Sunday ,29 October

Arabia condemns 2 bombings in Somalia

GMT 07:58 2017 Friday ,05 May

Saudi artists seen 'pushing' boundaries

GMT 03:47 2018 Wednesday ,12 September

Leadership congratulated by Shura Chairman

GMT 13:51 2011 Saturday ,13 August

Italian music show at El Jem Festival
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday