Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
7406089 | Energy Policy | 2012 | 11 Pages |
Abstract
⺠We investigate the impact of climate policies on Canada's oil sands industry. ⺠A computable general equilibrium model of the world economy is applied for the assessment. ⺠Without climate policy, Canadian bitumen production increases almost 4 fold from 2010 to 2050. ⺠With regional policy, bitumen output may drop by up to 68% and upgrading moves to no-policy countries. ⺠With global policy, bitumen production is significantly reduced since upgrading abroad is no longer viable.
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Energy Engineering and Power Technology
Authors
Gabriel Chan, John M. Reilly, Sergey Paltsev, Y.-H. Henry Chen,