What makes tar sands particularly odious is that the energy you get out in the end, per unit carbon dioxide, is poor. It's equivalent to burning coal in your automobile.
Sentiment: NEGATIVE
The process to generate energy using the Canadian tar sands is particularly dirty, producing one of the most noxious fossil fuels on the planet and leaving a devastated landscape in its wake.
Tar sands oil is the dirtiest fuel on Earth. Because producing it consumes so much energy, a gallon of tar sands crude generates 17 percent more carbon pollution than conventional crude oil.
Extracting oil from the tar sands is a nasty, polluting, energy-intensive business.
The destructiveness of the tar sands is not inevitable. But Canadians and Albertans have become too tolerant of the politicians who compromise the nation's energy security as well as the next generation's future.
I have visited people whose health has been endangered by tar sands oil. I have watched neighbors struggle to recover from Superstorm Sandy. I have seen solar panels and wind turbines become an increasingly familiar part of the landscape.
There's no question that tar sands in Canada are probably the largest source of oil available to the U.S. over a long period of time. There's as much oil in the tar sands probably as there is in Saudi Arabia. The problem is, there's a huge capital requirement to develop that.
Tardiness often robs us opportunity, and the dispatch of our forces.
The tar sands boom has become the world's largest energy project, the world's largest construction project, and the world's largest capital project.
TARP is funded by taxpayers, so there are many rules about how that money can and can't be used. The result: GM spends an awful lot of time checking in with the people who administer TARP over everything from hiring to executive compensation and management. For a global company, that adds up to a lot of distraction.
I didn't think of myself as a tart, but I wouldn't argue with anyone who did.
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