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October 29, 2006
Report: Carbon-Neutral Oil Sands SCO Possible for an Extra $1.76 to $13.65 a Barrel
In a report released by the Pembina Institute, a detailed cost analysis demonstrates that the oil sands industry could achieve carbon-neutral (no net greenhouse gas emissions) production of synthetic crude oil (SCO) for as little as US$1.76 per barrel or as much as US$13.65 per barrel depending upon the operating scenario and the approach taken.
The oil sands are projected to contribute up to 47% of the projected business-as-usual (BAU) growth in Canada’s total greenhouse gas (GHG) emissions between 2003 and 2010, making them the single largest contributor to Canadian GHG emissions growth.
Report: Carbon-Neutral Oil Sands SCO Possible for an Extra $1.76 to $13.65 a Barrel
Posted by thdyck on October 29, 2006
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