CAPP GHG emissions Pipelines need to be constructed because they use significantly less energy to...
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CAPP – GHG emissions • Pipelines need to be constructed because they use significantly less energy to operate and have a lower carbon footprint than tanker trucks and rail cars. • 14,977 tanker trucks or 5,491 big rail cars (600 barrels of capacity) would need to be used if pipelines are not • Oil & gas sector is committed to reduce its GHG emissions. Since the beginning of the oil sands operations, emissions per barrel has DECLINED. • Projected emissions from 2013 calculate an increase of 38 Mt CO2eq by 2020 relative to 2005 (a reduction of 13.6% from 2012’s projections) • Projections show that Canada will miss the Copenhagen accord by 122 Mt of CO2eq, although they do not include future measures. Source: “Canada’s Emission Trends”. Environment Canada, 2013
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CAPP and Climate Policy Climate policy shouldn’t be structured to prevent expansion of oil sands but we can mitigate its effects where technology allows We recommend a strategy that is driven by prosperity arising from growth in both increasing sustainable hydrocarbon production and renewable energy. Strong emphasis on step change technology and innovation to improve environmental performance and cost competitiveness across full spectrum of energy supply and use, including hydrocarbons. Production of hydrocarbons with lower the carbon intensity viewed as a key requirement for Canada’s future economic prosperity. Market diversification and infrastructure development is a key success factor and applies to hydrocarbons, renewable energy and clean technology. Responsible environmental performance, including greenhouse gas emissions reductions, is a very important element, but not the overriding strategic driver. Energy conservation and efficiency is a priority.
Transcript of CAPP GHG emissions Pipelines need to be constructed because they use significantly less energy to...
CAPP – GHG emissions
• Pipelines need to be constructed because they use significantly less energy to operate and have a lower carbon footprint than tanker trucks and rail cars.
• 14,977 tanker trucks or 5,491 big rail cars (600 barrels of capacity) would need to be used if pipelines are not constructed.
• Oil & gas sector is committed to reduce its GHG emissions. Since the beginning of the oil sands operations, emissions per barrel has DECLINED.
• Projected emissions from 2013 calculate an increase of 38 Mt CO2eq by 2020 relative to 2005 (a reduction of 13.6% from 2012’s projections)
• Projections show that Canada will miss the Copenhagen accord by 122 Mt of CO2eq, although they do not include future measures.
Source: “Canada’s Emission Trends”. Environment Canada, 2013
CAPP – Market Access• Transportation needs to grow
along with production– Oil sands production projections
show 5.2 million b/d by 2030 in Canada
– Growing Asian demand projection – 15.7 million b/d by 2030
Pipeline expansion across Western and Eastern Canada is necessary to provide access to Asian and U.S. Markets.
CAPP and Climate Policy• Climate policy shouldn’t be structured to prevent expansion of oil sands but we
can mitigate its effects where technology allows• We recommend a strategy that is driven by prosperity arising from growth in
both increasing sustainable hydrocarbon production and renewable energy.• Strong emphasis on step change technology and innovation to improve
environmental performance and cost competitiveness across full spectrum of energy supply and use, including hydrocarbons.
• Production of hydrocarbons with lower the carbon intensity viewed as a key requirement for Canada’s future economic prosperity.
• Market diversification and infrastructure development is a key success factor and applies to hydrocarbons, renewable energy and clean technology.
• Responsible environmental performance, including greenhouse gas emissions reductions, is a very important element, but not the overriding strategic driver.
• Energy conservation and efficiency is a priority.
