InBrief_subbed.qxp 1/4/09 11:51 Page 9
In Brief – News, Trends and Statistics
the US$22bn Sakhalin II project in the far east meaning Canada could produce 100 million related CO
2
(carbon sequestration). ICO
2
N,
of Russia – which, along with hydrocarbon tonnes of CO
2
by 2012. Steam-assisted gravity which aims to reduce CO
2
emissions by as
production from central and western districts, is drainage, the process used to extract and much as 20 million tonnes a year, counts
geared to supplying Asia (see Figure 2). When manage the oilsands, is also energy- and ConocoPhillips, Shell Canada, Suncor Energy,
fully operational in 2010, Sakhalin II will chill and resource-intensive and releases large quantities Syncrude and Husky Energy as members, and
transport 9.6 million tons of natural gas per of produced water into rivers and lakes. represents over 100Mt of CO
2
emissions, 60%
annum – 5% of the world’s LNG supply. In the of Alberta’s electricity generation and 95% of
long term, Russia is aiming to increase its share The NRDC is continually lobbying airlines to stop the production from the oilsands. The
of the Asia-Pacific energy market from the using oilsands-derived fuel. In March 2008, the Canadian Environment Ministry will also set
current figure of 3% to 30% by 2020. By then, Co-operative Banking Investment Group criminal sanctions for carbon capture failures
China will be allowing foreign enterprises a announced that it will fund data gathering for from 2010. “Carbon capture holds great
US$60bn stake in its LNG market, helping to Beaver Lake Cree’s law suit against the potential and promise as a tool in our quest to
overcome the shortfall in its indigenous natural government of Canada and provincial Alberta reduce greenhouse gas emissions,” says
gas supplies. ■ for excessive pollution. The WWF has recently Alberta Premier Ed Stelmach. However, while
organised flyovers in Alberta for reporters and carbon capture and storage is endorsed by the
Can Carbon Sequestration Pacify photographers from the Financial Times and the WWF and the UN’s Intergovernmental Panel
Environmental Opposition to Guardian to document landscape damage. on Climate Change, its applicability to the
Canada’s Oilsands? “This is now an international campaign,” said oilsands remains in doubt. “The science tells us
Environmental organisations, including the Liz Barratt-Brown of the NRDC. that it may be technically feasible to capture
Natural Resources Defence Council (NRDC), 90% of the carbon emitted by a new coal-fired
Greenpeace, the World Wildlife Fund (WWF) The Canadian government remains confident generator, but just 10% of the greenhouse
and the Co-operative Banking Investment that the oilsands can be developed responsibly. gases associated with oil from tar sands,” said
Group, are launching multiple campaigns In 2007 it co-launched the Integrated CO
2
Gerald Butts, President and CEO of WWF
against the development of Canada’s oilsands. Network (ICO
2
N) (www.ico2n.com), an Canada. “We see carbon storage as a
Processing oilsands generates up to four times industry alliance aiming to co-ordinate the welcome but limited weapon in the fight
more CO
2
than conventional oil drilling, capture, transport and storage of oilsands- against climate change.” ■
Sources: International Energy Agency, Financial Times, Bloomberg, Gazprom, StatoilHydro, New York Times, Reuters, The Scotsman, Aberdeen Chamber of Commerce, Korosteleva J, James A Baker III Institute for Public Policy.
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