Saskatchewan has the opportunity to set a world standard for creating sustainable, clean energy that is both ‘cheap’ and ‘accessible’, according to the Saskatchewan Premier who has made technology and infrastructure a priority since assuming office in November 2007 and is keen to promote the provinces carbon captures.
Saskatchewan is saving 6,000 tonnes of carbon dioxide each day, Premier Brad Wall noted, and while the oil sands of the province can be difficult to access, a 5% advance in the recovery rate could double the pace of oil production in Canada's second largest oil-producing province.
Promoting the technology that improves the technique is thought to be important to the relationship between Canada and the US and the Premier was in Washington to promote investment in energy technologies such as carbon capturing, which allows carbon dioxide to be trapped and stored before it enters the atmosphere.
Speaking at the Woodrow Wilson International Centre and promoting the creative carbon capture technology, Wall saidenthusiastically, “We need the world to know... it is an oil company that is providing this amazing technology to sequester carbon dioxide.”
Citing a United Nations study that reported up to half of all carbon dioxide could be captured and stored with the right technology, Wall said it was “vitally important” that Canada play a leading role in these developments and noted that Currently, only Norway is playing a bigger role than Saskatchewan in this area.
The incentive to support these technologies is believed to be not only environmental, but economic, with the re-direction of the captured carbon through underground pipes to oil-producing areas actually helping to increase oil output, by creating pressure and increasing the yield of oil extraction.
The Canadian government has recently contributed $250m to support investment in sustainable energy technologies last week, $240m of which went to Saskatchewan, while elevating oil prices should only contribute to the investment in these technologies.