Go To David Suzuki Foundation Website
RSS 2.0 Feed  |  Contact Us
Blog Categories

All

July 9, 2008 10:00 AM

The tar sands: Investing for short-term gain, long-term eco-disaster

India is considering investing up to $10 billion dollars in Canada’s tar sands. This is yet another case of one country wanting to make a financial killing while helping to kill a distant ecosystem. But on a small planet where pollution from one place can have an impact on a region thousands of kilometres away and our fragile atmosphere is a shared space, nations and companies must wake up to their responsibilities.

There’s a lot of money to be made from oil in Canada. Alberta’s tar sands are one of the world’s greatest reserves of energy in an era of rising oil and gas prices. The problem is that we simply don’t have the technology yet to extract the oil from the area without paying a heavy environmental price.

Drill machinery in Alberta
As noted in an article titled “Let Them Drink Oil” on the Celsias website, the tar sands project is putting Alberta’s scarce water resources under severe strain:

"Companies also use fresh water to make steam to force petroleum out of the oil sands and to make mud for drilling. There are no clear numbers on how much the industry actually uses but last year it had permits for more than 278 billion litres of fresh water. That's more water than is used every year by three of Alberta's largest cities, and the companies get their water for free."

The tar sands are contributing to staggering increases in Canada’s carbon emissions. If Canada wants to meet its international climate change responsibilities, Canadian companies and outside investors are going to have to forget about their free ride.

Jonathon Narvey is principal consultant at WRITEIMAGE. He blogs about current events and life in Vancouver at Currents.

(Photo: Mark Elliot via Creative Commons license).

Posted by Sana Khan at July 9, 2008 10:00 AM
Filed Under:

Comments

TrackBack Link

Comments

paulm
Can a global economic depression save the world from Climate Change?

This is a debate that we should seriously consider. How bad has Climate Change gotshould we voluntarily shutdown our economies to fight Global Warming?

Are we at a point, given the outcome of the G8 meeting, that it would be more beneficial for mankind and nature if our economies where to collapse now, rather than march on causing climatic catastrophe.

Dave Dowling
Unlike corn, which only grows in Southern Alberta, Hemp can be grown for fuel all over Alberta, even where the tar sands are! Alberta could grow enough hemp for fuel on marginal land that is not used for anything to fuel all of Canada.

Hemp for fuel uses far less water than polluting tar sands do.

The only problem seems to be, farmers would make money. . . .