Quote:
Originally Posted by edslunch
Replacing coal with Canadian gas is a big win for the environment. Flooding the world with high carbon intensive bitumen is not.
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Maybe. Carbon intensity of other oils is pretty high as well, and environmental regulations are not as strict as Canada basically everywhere. As just one example, the Permian is now flaring/venting an estimated 750 million cubic feet of gas per day. That is equivalent to ~5% of Canadas gas production getting converted directed to atmospheric greenhouse gases because the american rules don't require producers to do anything with it. That carbon into the atmosphere should absolutely be included in the carbon intensity of their oil.
I know making steam for sagd is carbon intensive, but more and more of it is cogen now (which reduces carbon emissions elsewhere) and I don't particularly trust the comparative emissions reporting from other countries.