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-   -   Canada's Oil Sands (https://britishexpats.com/forum/maple-leaf-98/canadas-oil-sands-578717/)

Steve_P Jan 30th 2009 4:08 am

Re: Canada's Oil Sands
 

Originally Posted by Novocastrian (Post 7230114)
well they would say that, wouldn't they?

"She offered no details about what either fund would finance, beyond the budget's suggestion that the clean energy fund would be used to support carbon capture and storage projects, a technology that is being promoted to reduce greenhouse gas emissions from coal-fired power plants and oil sands projects."

To be honest I haven't looked that closely at the budget but what from what I have seen it doesn't look like there was very much for anyone.

A lot of hype not much substance.

Novocastrian Jan 30th 2009 4:16 am

Re: Canada's Oil Sands
 

Originally Posted by Steve_P (Post 7230121)
To be honest I haven't looked that closely at the budget but what from what I have seen it doesn't look like there was very much for anyone.

A lot of hype not much substance.

Completely agree. And what substance there is, is retrogressive in the most part.

gryphea Jan 30th 2009 4:55 am

Re: Canada's Oil Sands
 

Originally Posted by Novocastrian (Post 7230114)
well they would say that, wouldn't they?

"She offered no details about what either fund would finance, beyond the budget's suggestion that the clean energy fund would be used to support carbon capture and storage projects, a technology that is being promoted to reduce greenhouse gas emissions from coal-fired power plants and oil sands projects."

They seem obsessed with carbon capture and storage. Not that there is anything wrong with that in principal and their driveers for being obsessed are obvious. But any ground which has been fractured to increase oil and gas production is never going to adequately hold it. Their plan is to fill up the southern oil and gas fields with carbon, but realistically these fractured shallow fields will not hold it

Gryph

Novocastrian Jan 30th 2009 5:03 am

Re: Canada's Oil Sands
 

Originally Posted by gryphea (Post 7230278)
They seem obsessed with carbon capture and storage. Not that there is anything wrong with that in principal and their driveers for being obsessed are obvious. But any ground which has been fractured to increase oil and gas production is never going to adequately hold it. Their plan is to fill up the southern oil and gas fields with carbon, but realistically these fractured shallow fields will not hold it

Gryph

And to make it worse, they're using $$ taken from the small subsidy to renewables to pay for it.


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