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Oil sands, carbon sinks, and emissions offsets

1 Aug 2006

The education function of the Institute is pursued by sponsoring conferences and short courses on particular topical aspects of resources law, and through teaching in the Faculty of Law at the University of Calgary. [...] The members of the Board of Directors are appointed by the Faculty of Law at the University of Calgary, the President of the University of Calgary, the Benchers of the Law Society of Alberta, the President of the Canadian Petroleum Law Foundation, and the Dean of Law at The University of Alberta. [...] Furthermore, as documented by the federal Commissioner of the Environment and Sustainable Development, the tax and royalty regime for oil sands is significantly more generous than for conventional oil and gas.19 An evaluation of the decision by the federal and Alberta governments to promote oil sands development aggressively as part of their energy strategies beyond the scope of this paper. [...] The objective of stabilizing atmospheric concentrations of GHGs that are central to the Framework Convention on Climate Change and the Kyoto Protocol would clearly be undermined if countries can use the transitory sequestration of carbon in the terrestrial biosphere to offset the permanent injection of fossil carbon to the global carbon cycle. [...] C I R L. ►. O C C A S I O N A L. P A P E R. # 1 3. ◄. 15 c. Monitoring and Verification Regardless of the measures taken to reduce risk directly or to mitigate the consequences of project failure and leakage, the monitoring of LULUCF projects and the verification of total sequestration will be essential for the integrity of sinks-based emissions credits.
agriculture environment climate change politics air pollution economy greenhouse gas global warming ghgs climate change mitigation natural resources carbon sequestration government policy emissions trading ecosystem ghg emissions carbon offset carbon sinks oil sands energy and resource athabasca oil sands land resources offsets carbon offsetting offset the kyoto protocol carbon sink sinks lulucf

Authors

Kennett, Steven A

Pages
42
Published in
Canada

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