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New Technology Magazine - Back to the Future

Back to the Future

New Technology Magazine is the best source for stories about new and cost-saving technologies in the upstream oil and gas industry.

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Carbon Crunch

Can technology enable Alberta to reach its climate-change targets?

Carbon CrunchUnless the technology to produce Alberta’s oilsands goes through a transformative change, and quickly, the carbon-intensive sector is on a direct collision course with provincial and national greenhouse gas (GHG) emissions reductions goals. With oilsands production set to double in a decade and triple a decade after that, the nation can expect the sector’s CO2 emissions to follow a similar trajectory if current extraction technologies continue to be put in the ground, all but guaranteeing emissions will exceed Alberta’s target to peak in 2020 and begin a steady decline thereafter, and Canada’s international commitment to trim them 17 per cent from 2005 levels by the same year.

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Daily Oil Bulletin | JuneWarren-Nickle's Energy Group