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Ottawa, Feb 3 (Canadian-Media): Alberta legislation of an emissions cap requiring the province to hit net-zero emissions by 2050 is the condition for federal approval of the Alberta's Frontier Oil Sands Mine Project, media reports said.
Alberta Frontier Oil Sands Mine Project. Image credit: Twitter handle
Frontier Oil Sands Mine Project, Impact Assessment Agency of Canada, located in northeastern Alberta, includes the construction, operation and reclamation of an oil sands surface mine with a production capacity of about 260,000 barrels per day of bitumen. Upon approval, the proposed project would operate for 41 years.
The Teck Resources oilsands mine would be vast almost twice the size of the city of Vancouver and would produce up to 260,000 barrels of bitumen a day 7,000 construction jobs, 2,500 operational ones and billions in tax revenue, $12 billion for the feds and $55 billion for Alberta over its expected 40-year lifespan. The company has also secured Indigenous support by 14 First Nations.
But it was acknowledged by the panel in its review that the mine may make it more difficult for Canada to meet its Paris emissions reduction goals as the project would generate about 4.1 megatonnes of emissions a year over its lifespan.
The panel said that even if Kenney's government accepts the emissions cap plan, it would cause agitation among many of those who want more action on climate and were already upset with the government's purchase and promotion of the TMX pipeline expansion project.