Officials Claim Keystone Worse For Envrionment Than Estimated!

[Economy 52,842]

The State Department had concluded that keystone would only increase CO2 emmission by 30 million tones because its would displace a lot of rail use which pollutes more in the transportation process to get each barrel of oil around. Also a lot of the oil would still be produced anyway with the help of rail and trucks

 

The only increase in CO2 would be because pipelines are more economical than rail which may lead to oil companies expanding at a slightly faster rate as a result of slightly lower costs.

 

However "Stockhom Environment Institute" claims that "slightly higher production" would also lead to slightly lower prices on the entire world oil market which would lead to more consumption which the State Department did not take into account. And the real increase would be more like 121 million tones of CO2

---------------------------

 

Pathetic, if the main issue is lower prices leading to more consumption then why attack Canadian oil specifically? why not try to block all production from everywhere then? :roll:

[ItsTommyBitch 12,640]

nnnn

[darkwolf 590]

This will encourage more and more countries to start exploiting oil sands,especially developing countries. So yes, the impact could be huge.

[Economy 52,842]

This will encourage more and more countries to start exploiting oil sands,especially developing countries. So yes, the impact could be huge.

ummm, they dont need encouragement, everyone already knows what oil sands are capable of

 

Also, Canada and Venezuela are the only two Countries with oil sand oil reserves of THAT major significance, and Venezuela is already exploiting them. The rest of Countries wirth oil sands such as China dont have reserves that are that big

 

Lastly, Canadas oil sands industry has been booming since 2003. Canada may have introduced the world to oil sands extraction back then but the damage has already been done. Its not by continuing to expand the operations that will determine whether other Countries develop or dont develop theuir own

[Goosey 3,017]

Why is everyone hating on Canada and Keystone?

 

Seems like it's just unreasoned fear of oil, and also a little bit o' xenophobia.

 

I can't believe Obama is holding our pipeline up - like why? And what right does he have? This project is going to bring Canada a lot of dough.

[darkwolf 590]

ummm, they dont need encouragement, everyone already knows what oil sands are capable of

 

Also, Canada and Venezuela are the only two Countries with oil sand oil reserves of THAT major significance, and Venezuela is already exploiting them. The rest of Countries wirth oil sands such as China dont have reserves that are that big

 

Lastly, Canadas oil sands industry has been booming since 2003. Canada may have introduced the world to oil sands extraction back then but the damage has already been done. Its not by continuing to expand the operations that will determine whether other Countries develop or dont develop theuir own

Yes you are right; I confused that with oil shales.

But I don't understand, fossil energy is bad, is it really vital to Canada to go that road? I mean I can understand if it is a developing country that is facing lots of challenges, but Canada?

[Economy 52,842]

Yes you are right; I confused that with oil shales.

But I don't understand, fossil energy is bad, is it really vital to Canada to go that road? I mean I can understand if it is a developing country that is facing lots of challenges, but Canada?

Well, the world isnt ready to give up on oil just yet. Cars are more efficient, renewables are improving but they are still high uneconomical and unreliable.

For the moment the world needs oil and theres nothig wrong with making money out of if.

Also oil sands extraction may naturally be a bit more harming but no one ever talks about how Canada has tougher regulations than most Countries with oil. We minimize the damage with regulations we have in place.

Lastly, the benefits are quite huge. Western Canada (especially Alberta where most of the oil is) have a very strong economy and low unemployment. And Provinces are running budget Surpluses in Resource Rich Western Canada.

The Federal Government is also expecting surpluses again starting this year and our finances during the recession didnt deteriorate as much as other Developed Nations and a big part of it is because of oil revenue.

Eastern Canadas Provincial Governments that get no revenue or benefits from oil sands have much more compromised budgets and a weak economy. Goes to show how beneficial it is to Canada! Of course we will exploit it!

[darkwolf 590]

Well, the world isnt ready to give up on oil just yet. Cars are more efficient, renewables are improving but they are still high uneconomical and unreliable.

For the moment the world needs oil and theres nothig wrong with making money out of if.

Also oil sands extraction may naturally be a bit more harming but no one ever talks about how Canada has tougher regulations than most Countries with oil. We minimize the damage with regulations we have in place.

Lastly, the benefits are quite huge. Western Canada (especially Alberta where most of the oil is) have a very strong economy and low unemployment. And Provinces are running budget Surpluses in Resource Rich Western Canada.

The Federal Government is also expecting surpluses again starting this year and our finances during the recession didnt deteriorate as much as other Developed Nations and a big part of it is because of oil revenue.

Eastern Canadas Provincial Governments that get no revenue or benefits from oil sands have much more compromised budgets and a weak economy. Goes to show how beneficial it is to Canada! Of course we will exploit it!

It is still not really that necessary for a country like Canada. Ok it might provide money and jobs on the short term but what about the long run? Even with lots of regulations, accidents can happen, like fukushima.

I just read that the last remaining 55 Maui Dolphins are now endangered because of oil fields in New zealand , link. it sees that all the conferences about climate change and global warming are just pure hypocrisy :toofloppy: . Big countries should give the example.

[Economy 52,842]

It is still not really that necessary for a country like Canada. Ok it might provide money and jobs on the short term but what about the long run? Even with lots of regulations, accidents can happen, like fukushima.

I just read that the last remaining 55 Maui Dolphins are now endangered because of oil fields in New zealand , link. it sees that all the conferences about climate change and global warming are just pure hypocrisy :toofloppy: . Big countries should give the example.

well of course accidents might happen. But less likely to happen here than in Countries with low environmental standards! So might as well be produced here if ur gonna produce much needed oil

And there will be jobs over the long term. With the amount of oil reserves Canada has, production wont peak for decades...

And even when it does peak eventually, its a gradual decline not a sudden drop. So there will be plenty of time for the economy to adjust!