The economics of Canadian Oil Sands

Anthony Heyes, Charles F. Mason, Andrew Leach

Research output: Contribution to journalArticlepeer-review

17 Citations (Scopus)
Original languageEnglish
Pages (from-to)242-263
Number of pages22
JournalReview of Environmental Economics and Policy
Volume12
Issue number2
DOIs
Publication statusPublished - 1 Aug 2018

Bibliographical note

Funding Information:
19The Council of Canadian Academies is a highly respected not-for-profit organization that conducts expert evidence reviews in support of public policy development in Canada. It includes three member academies: the Royal Society of Canada, the Canadian Academy of Engineering, and the Canadian Academy of Health Sciences. 20In terms of flow, the production of 1 barrel of synthetic crude oil requires approximately 2.5 barrels of water and 2 tonnes of oil sands ore, yielding around 3.3 barrels of raw tailings. While much of the water used is recycled from existing tailings ponds, the long-run equilibrium sees approximately 2 barrels of mature fine tailings produced for every barrel of oil (Hrudey et al. 2010).

ASJC Scopus subject areas

  • Economics and Econometrics
  • Management, Monitoring, Policy and Law

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