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> Are Canada's CO2 stats material to global warming, or are they being over-dramatized because this is a Canadian publication? Canada has an extremely importan
by hannob 10y ago
> Are Canada's CO2 stats material to global warming, or are they being over-dramatized because this is a Canadian publication?
Canada has an extremely important role in the future of CO2 emissions, because it has some of the largest left resources of oil on the planet with its tar sands. And it's a particularly nasty one with an emission footprint far higher than "conventional" oil.
Whether or not Canada will leave a substantial part of that untapped is quite significant.
- RandyRanderson 10y agoTO add to this I believe at ~60$/barrel the oil sands become economically feasible. So we're not a big factor today but as soon as the easy fracking fields start to dry up and the oil costs rises a bit we're going to be right back in the game!
- narrowrail 10y agoSuncor, one of the largest players in tar sands oil said in one of their earnings call transcripts that their cost was $30/barrel. I can dig it up if you need a citation, but it was right around the time the WTI dropped below $30.
- RandyRanderson 10y agoYou're probably right. Thanks!