Alberta oil sands: a new source for oil

While the Alberta oil sands promise a potential oil source for future, environmental concerns threaten to become a constraint at some stage in future. However, the federal and the provincial governments are confident that environmental regulations would not block the operation and further expansion of the project, despite Canada’s pledge to cut emissions under the Kyoto Protocol global warming agreement. The prize emanating from the project is so tempting – for the oil companies as well as for a government eager to earn tax revenue – that it may not be possible for any one to stop the project.

Dawn