The £250bn cost of developing Canada’s controversial tar sands between now and 2025 could be used to decarbonise the western economy by funding ambitious solar power schemes in the Sahara or a European wide shift to electric vehicles, according to a new report. BP and Shell are at the forefront of extracting oil from the carbon-intensive tar sands of Alberta.
See http://www.guardian.co.uk/business/2010/mar/15/bp-shell-tar-sands-green-energy.