Crude Oil Greenhouse Gas Life Cycle Analysis Helps Assign Values For CO 2 Emissions Trading

Tom McCann, Phil Magee T. J. McCann & Associates Ltd. (McC+A) Calgary Emissions of carbon dioxide are already being assigned monetary values. For example, BP is trading CO2 internally, and Suncor has bought CO2 trading credits across the U.S.-Canada border. There is much other rising activity in the greenhouse gas trading game, even before any real formalizing of the Kyoto agreements has been achieved. This article concentrates on overall crude oil life cycle greenhouse gas analysis-emissions as the oil is produced from reservoir through refining and final consumption, with a brief look at typical natural gas life cycle analysis. We take no sides on the climate change ...

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