Good summary of the policy and financial hurdles to building the main carbon capture project for Canada's oil sands. www.theglobeandmail.com/gift/9858ffb...
Replies
The bureaucratize in Bill C-5 makes me unsure how Carney could be conditions on this (assuming it is one of the 'national interest' projects)
jun 21, 2025, 6:04 pm • 0 0 • view
Apart from the fact that somebody will burn the oil, generating GHG emissions, will CH4 be captured as well? Because without that, production cannot be 'carbon' free.
jun 21, 2025, 5:25 pm • 0 0 • view
This would only be for CO2. There are other ways to steeply cut methane emissions, that's arguably easier to address if they will just spend the money
jun 21, 2025, 5:42 pm • 1 0 • view
It seems strange that stuff like fugitive methane from oil and gas production would be included in the concept. Methane does eventually morph into CO2, right?
jun 21, 2025, 6:39 pm • 0 0 • view
Natural gas combustion does emit CO2. But the fugitive methane emissions issue is different. It is about leakage of methane, and the warming effect of the methane molecules themselves (which have a larger radiation effect than CO2, but don't survive in the atmosphere for nearly as long).
jun 21, 2025, 8:24 pm • 0 0 • view
What emissions would “decarbonized oil” avoid? And what percentage of total GHG emissions from production would it cover?
jun 21, 2025, 9:04 pm • 1 0 • view
That's the question and among the reasons I have been so vocal about not using the term "decarbonized oil".
jun 21, 2025, 9:31 pm • 0 0 • view
This is just more green washing. The only way to 'decarbonize' oil is through direct air capture, since there's no control over what happens when the oil is consumed. That process is so inefficient it would require something like a $400/barrel levy, a complete non starter.
jun 21, 2025, 6:29 pm • 0 0 • view