How can WindFuels compete with tar sands?
Products from heavy oil (such as the tar sands in Alberta) have 60% to 90% greater total carbon emissions than conventional oil and a huge environmental footprint (orders of magnitude greater than that of oil platforms in ANWR). Processing heavy oil requires an enormous amount of natural gas. Tar sands and extra heavy oils (from Venezuela) are abundant, but utilizing them will become very expensive as emissions regulations (to save the planet) become more stringent. The IEA says we need a $50-$60/bbl tax on heavy oil products to have any chance of cutting carbon emissions in half by 2050. WindFuels will be cheaper than heavy-oil products within 5 years. Read more.
