Re:Dakota Access Pipeline to win US Army permit for completion
by JimboOmega on Wednesday February 08, 2017 @12:31PM
(#13600157)
But more oil is used to transport the oil (in trucks/trains), so I think that increases CO2 usage overall.
Also higher prices mean more oil is exctracted - and sometimes more is used to do the extraction (IE, more marginal EROEI projects are undertaken)
Re:Dakota Access Pipeline to win US Army permit for completion
by Symmetry on Wednesday February 08, 2017 @03:50PM
(#13601949)
It's higher profit for extracting that would mean that more oil would be extracted, not higher prices to the consumer. Higher transport prices decrease ROI.
You have a point about transport CO2 use but I'd expect that would use a small amount proportionally.
But on the other hand pipelines are more cost effective than other means of transport. That means the oil gets to market more cheaply and that will tend to decrease the price of oil, meaning more is used, meaning more CO2 in the air. Raising the price by taxing oil would mean that we would get the double benefit of less oil use and government money to pay down the debt or whatever but that's harder to do politically than just block pipelines.