alberta oilsands

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If producers reduce the emissions intensity of oilsands production by a modest amount, production losses may total two billion barrels of oil between 2027 and 2040.


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The historical record suggests that sharp declines in oil prices are followed by substantial price recovery.


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Royalty revenues from bitumen production were projected to reach only $1.5 billion in 2015-16 compared with $5.0 billion during the preceding year.


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Annual cap on oilsands emissions means that once emissions hit prescribed threshold, no further development will be allowed.