Canada Bans Oil Arctic Drilling To Save Sensitive Region

[Economy 52,838]

https://www.google.ca/amp/calgaryherald.com/business/energy/imperial-oil-bp-in-limbo-after-canada-freezes-arctic-drilling/amp

 

Canada just banned New Drilling in arctic to help protect sensitive region.

 

Canadas Oil Reserves stand at 175 Billion barrels (3rd in the world) with new technologies possibly doubling Oil Sands recoverable reserves to 315 Billion soon

 

In Addition there have been massive Shale discoveries in the north still being surveyed that could be as large as USAs Shale Reserves

 

The Government says the current reserves will last Canada for  several centuries so theres no need to disturn sensitive Arctic Regions 

[Guest]

God, why can't we have more Trudeau's in this world 

[Born To Slay 10,996]

Good

[Smarticle 3,178]

I thought he approved a pipeline though 

[Economy 52,838]

Just now, tizian said:

God, why can't we have more Trudeau's in this world 

This really isnt a hard decision to make

 

we already have the 3rd largest reserves now...

 

The new technologies will soon double the recoverable reserves plus the new discoveries will put Canada with 3X more oil than Saudi Arabia within next few years

 

Oh then theres The Oil Carbonates they found under Oil Sands which is estimated to be at least 500 Billion barrels but because extracting it is a bit more costly than Oil Sands companies havent bothered to explore it and so for now it wont even be included in the figures

 

I dont think whatever Oil might be in our arctic region is gonna make any difference for Canada whatsoever given in total we probably have more than the entire Middle East combined  

[Economy 52,838]

Just now, Smarticle said:

I thought he approved a pipeline though 

He approved 2

 

But it has nothing to do with arctic

[Yuuri 21,636]

8 minutes ago, tizian said:

God, why can't we have more Trudeau's in this world 

Because the world can't handle that many daddies.

[Smarticle 3,178]

8 minutes ago, Economy said:

He approved 2

 

But it has nothing to do with arctic

I mean its still about oil and the environment. So while he should be praised for this...he still approved pipelines elsewhere in Canada.

[Economy 52,838]

16 minutes ago, Smarticle said:

I mean its still about oil and the environment. So while he should be praised for this...he still approved pipelines elsewhere in Canada.

Well tbh ppl hate without knowing all the facts

 

Canada already produces more oil than its pipelines can handle. The pipelines will simply replace a lot of Oil by Rail which is more dangerous.

 

Also Alberta put a Carbon Cap. Regardless of Pipeline capacity, Oil Sands as a whole cannot ecceed 100 Million Megatones of Emmisons per year (which it isnt far from already) or else new projects wont get approved

 

so industry has to learn to lower emmissions before it can expand further. Trudeau Himself said he wouldnt have approved the pipelines without this measure Alberta recently took

 

In short, these pipelines wont change production. Its just ppl bashing it without knowing