Suncor Close to “Significant Breakthroughs” Regarding Environmental Impacts

Suncor logo, property of Suncor Energy Inc.

property of Suncor Energy Inc.

The Edmonton Journal reported on April 30th that Suncor is not only investing more than a billion dollars (yes, that’s $1,000,000,000.00 +) to address environmental impacts, but that CEO Rick George is looking for “constructive dialogue on greening our economy and the energy that fuels it.”

“One of Canada’s top oil and gas companies says it’s on the verge of significant breakthroughs in addressing environmental concerns at its oilsands operations, but is calling for a serious conversation about the country’s energy strategy.” Read the full article @ the Edmonton Journal

Suncor has been working on a new tailings strategy – Tailings Reduction Operations (TRO). All signs point towards this technology playing a large part of Suncor’s plans to “significantly reduce the need for ponds to store mine tailings.” [source]

From Suncor’s Tailings Management section:

“Suncor recognizes the importance of addressing the tailings challenge associated with the development of oil sands mines. Oil sands mines produce tailings — left over material produced during the extraction process that separates bitumen from the oil sand. We have developed a new tailings technology called Tailings Reduction Operations (TRO) that’s a significant advance in tailings management and reclamation. We believe TRO will help us meet provincial regulatory requirements and, just as importantly, the changing expectations of our stakeholders.”

What are your thoughts on the matter?

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