vo-banner.jpg

Confused by the tar sands climate threat? Take a look.

(Page 2 of 2)

CIRCLE: Tar sands under development.

These are leases where bitumen is actively being extracted today. Extracting and burning this carbon will release about three times as much climate pollution as all Canadian coal burning so far.

CIRCLE: Tar sands economic now.

There is a lot more profitable bitumen that isn’t leased out yet. This component is usually called “economically viable” or “proven” reserves. Dozens of new leases are being applied for right now as global corporations rush in to develop this.

Extracting and burning it all would emit three times more climate pollution than either Canada or India has done so far in their history. This climate impact would be six times greater than from Canada’s economically viable coal reserves.

Estimates of economically viable tar sands are based on oil staying below $70 per barrel through 2016. The current price is over $100, so these estimates may increase again soon.

CIRCLES: Tar sands that will become economic.

As both technology improves and prices rise the amount of bitumen in the tar sands that becomes economically viable rises. For example, over the last fifteen years the amount of profitable bitumen grew more than 25 fold.

In 2006, the Energy Resources Conservation Board (ERCB) of Alberta estimated the amount of profitable bitumen will eventually double. Emissions would be greater than all the natural gas burned by humanity so far.

In 2011, Climate scientist James Hansen of NASA estimated that the amount of bitumen that eventually becomes profitable could be six times higher than now. In a speech he gave after being arrested at the White House for protesting the expansion of the tar sands, Hansen pointed to this huge potential for climate pollution that would eventually be released under business-as-usual in the tar sands. He calculated that it was roughly equal to the climate pollution released by all the coal humans have burned so far.

CIRCLE: Tar sands known today.

The current estimate for every last known chunk of bitumen in the tar sands is much larger still. It is considered extremely unlikely that all the bitumen in a deposit could be extracted.

CIRCLE: Future potential?

A former CEO of Shell Canada, Clive Mathers, estimated the tar sands might eventually be found to hold two trillion barrels. This would require geologists to discover much more bitumen in the region.

Should two trillion barrels ever be extracted and burned it will emit about as much CO2 as all the fossil fuels burned by humans so far.

CIRCLE: Early tar sands estimate.

One early estimate by James Hansen of the tar sands put the climate pollution potential at much larger still -- about 25% larger than the two trillion barrels estimated by CEO Mathers. This has been shown to be beyond what is currently known to exist.

How much is too much?

As the potential for tar sands climate pollution gets clearer, Canadians can hopefully be more effective in addressing these urgent questions:

  • How much of this potential tar sands climate pollution is compatible with a safe and stable climate system?
  • Can we rely on our current climate policies to limit future emissions to a safe level? Or do we need something more?
  • Do we need tougher regulations next year…or last year?
  • Will the tar sands still be economically viable in the future as global climate policies kick in? A study by M.I.T. says no. If not, are Canadians prepared for that risk...or will we get burned?

RELATED ARTICLES

 

 


Notes and sources:

 

A full size version of this chart can be found on my VisualCarbon website.

Historical climate pollution data

  • By nation for years 1850-2007 from Climate Analysis Indicators Tool (CAIT) Version 8.0. (Washington, DC:  World Resources Institute, 2010).
  • By fuel type globally for years 1751-2008 from Carbon Dioxide Information Analysis Center (CDIAC)

Potential climate emissions from tar sands

  • Under development, Economic now and Known today from “Alberta oil-sands and climate: Warming from well-to-wheel emissions” by Neil Swart.
  • Recoverable now estimated by author using CAPP estimate of 315 Gbbl and multipliers published by Swart (see above).
  • Will become economic estimated by author from chart in “White House & Tar Sands” by James Hansen
  • Future potential estimated by author using published report of 2,000 Gbbls and multipliers published by Swart (see above)
  • Early estimate from “Silence is Deadly” by James Hansen

More in Climate Snapshot

"Carbon tsunami" lead by Enbridge Northern Gateway takes aim at BC

A flood of mega-carbon projects threaten to quickly turn British Columbia into one of the world's dirtiest economies.

Car Carbon series: cool new animation, plus the jaw-dropping impact it left out

What weighs sixteen billion pounds yet hides in plain sight?

Comments