% | $
Quotes you view appear here for quick access.

Exxon Mobil Corporation Message Board

  • bluecheese4u bluecheese4u Jun 18, 2013 8:17 AM Flag

    Alberta’s oil sands raise flaring emissions as rules lag

    Alberta’s oil sands raise flaring emissions as rules lag

    Posted on June 18, 2013 at 6:42 am by Bloomberg

    In the farming country of northwest Alberta, heavy oil wells are becoming more common than cattle and combines. Along with money and jobs, the boom has brought smells and fumes that are adding to the greenhouse gas emissions from Canada’s oil sands.

    Emissions from flaring, or burning of natural gas, methane and hydrogen sulphide associated with oil production, have risen in each of the last three years as drillers increased activity and the government failed to implement new industry targets.

    “There’s no new absolute target to reduce flare or vent emissions,” said James Vaughan, who works at the Alberta Energy Conservation Board’s surveillance branch, in an interview. “The economics for conserving gas just doesn’t seem to be there” because of a decline in natural gas prices.

    Flaring by companies including Husky Energy Inc. (HSE) is rising even as the Canadian government touts the country’s efforts to limit emissions to win support for TransCanada Corp. (TRP)’s Keystone XL pipeline. Prime Minister Stephen Harper met his European counterparts last week in Paris and London, appealing for them to stop EU plans to single out Alberta as a source of high-polluting energy.

    Environmental groups such as

86.62-0.59(-0.68%)Oct 21 4:00 PMEDT