Quote:
Originally Posted by Lurch
Point 6: Oil and gas sector - from what I've seen floating around, this sector has accounted for 28% of the increase in Cdn emissions since 1990. It will be interesting if the growth rate drops at all with the new policies, because IMO the industry could be much cleaner with very little real cost (not sure how much, but I've worked on a few efficiency projects with smaller companies that squashed projects showing IIR's of 15% to 20% - with an actual policy in place I'm sure these will now show even higher returns).
|
And I think it should only improve from here ... the 1990 to today time frame is essentially the ramp up time of the sands projects up north. An expensive endeavour that can only shoot emissions through the roof.
Hopefully learned effeciency and technological advances (heck a nuke up there would help) will at least stall the increases to some point and then maybe bring it back.
Bottom line ... the world isn't ready for non fossil fuel energy as a complete replacement yet. So any countries that needed/wanted to push their programs forward in this time frame could only add emissions and not take them away. So why sign up for Kyoto and squash one of your nation's key industries when other major nations won't sign it in the first place?
Spending money has to make sense.