Build Back Better
 |
 |  |  |
| 0:00 | -55:20 |
On episode 4 of the Energy vs Climate podcast, energy experts David Keith, Sara Hastings-Simon and Ed Whittingham discuss their recent editorial in the Globe & Mail, including the role of the oil sands in the economic future of the province, COVID-19 as a factor in peak oil, the dynamics of oil markets, and the risks in focusing on net zero oil moonshots.
Subscribe today on Apple Podcasts, Spotify, Stitcher, or wherever you get podcasts.
* * *
If you’re enjoying Energy vs Climate, then you might want to check out Political Climate. Political Climate is a bipartisan podcast on energy and environmental issues in America and around the world, presented by the University of Southern California’s Schwarzenegger Institute and hosted by Julia Pyper, Brandon Hurlbut, and Shane Skelton. Their most recent series, -- entitled DITCHED: Fossil fuels, money flows and the greening of finance -- examines the expanding and evolving trend of fossil fuel divestment and sustainable investment.
You can listen to the DITCHED series and find all Political Climate episodes on Apple Podcasts, Spotify, Stitcher, TuneIn or wherever you get podcasts!
| 2 | 1 |
CCS of CO2 is a path to nowhere as it is taking oxygen out of the atmosphere faster than it is preventing CO2 entering it and that oxygen will be lost for ever if the CO2 is permanently sequestered. 3/4 of the CO2 is oxygen and as oxygen in the atmosphere goes down the concentration of CO2 will INCREASE if if no CO2 incremental CO2 is added. Sequestering CO2 also ties up oxygen in water which will INCREASE sea levels, as will the water displaced by injecting CO2 inot aquifers. So if you are using CO2 concentration and sea levels as climate indicators CCS make it worse. It also requires a lot of energy which marks up the energy demand. CCUS is useful and allows replacement of emissions and intensive oil sands with lower emissions and energy intensive light oil production. Shale oil is profitable at $100/bbl but rarely pays out at $40/bbl.