While most European countries are working on a proposal that would effectively ban the use of Canadian tar sands in the European Union, the United Kingdom has made it clear that they will not support any measure to reduce their reliance on tar sands. Britain joins the Netherlands as one of only two countries that want to continue to have the option to use oil derived from Canadian tar sands.
The EU is working to produce a new “fuel directive” this year that would reduce the amount of emissions acceptable from fuels used for transportation. The directive would require a 6% reduction in the amount of emissions from vehicle fuel over the next 9 years. Because the emissions from tar sands run about 23% higher than those from traditional fossil fuels, this would mean that their use in the EU would be effectively prohibited.
It may come as a surprise to some that Alberta pioneered carbon pricing — not just in Canada, but for all of North America.