Last week, I wrote a short article on the Alberta oil sands projects, CNN Money has some further commentary on the issue:
…it takes the equivalent of 0.7 barrels of oil to create one barrel of oil sands product. What’s more, most of the energy needed to make the stuff currently comes from natural gas, an energy-rich, clean fossil fuel.
“It’s like using caviar to make fake crab meat,” said Marlo Raynolds, executive director of the Pembina Institute, a Canadian environmental group.
Energy, water, labor, the waste products, carbon products; sustainability is going to be a difficult concept for these industries to change to. If it wasn’t so damn profitable, (or close to the US), they would probably just leave it in the ground.
Image courtesy of CNN Money – links to site.