This article originally appeared on the Pembina Institute website.
Over the past 50 years, the development of the oilsands has changed the face of Alberta, driving innovation and technology to make oilsands a reality. The oilsands are the third largest oil reserve on earth, and despite a cycle of boom and busts, contribute to the prosperity of the province. Industry, however, has not addressed many of the largest environmental impacts generated by the oilsands, and much work is still left to be done. This blog is part of a series where we look back at the last 50 years of the oilsands industry and (Read more…) light on a number of the remaining challenges.
After 50 years of production, the oilsands remain among the world’s most carbon intensive large-scale crude oil operations. Studies continue to back this up.