I have written in the past that I think more research and development should go towards extracting more value from the oilsands. This R&D would ideally lead to better “green” technologies, and the profits we gain from the oil in the oilsands could also go toward sustainable energy. I’m sure there is lots of this R&D already going on, but a story about a new University of Alberta research centre caught my eye:
The Imperial Oil-Alberta Ingenuity Centre for Oil Sands Innovation’s mandate is to find more efficient, economically viable, and environmentally responsible ways to develop Canada’s oilsands resources, one of the largest crude oil deposits in the world. The centre will be led by scientific director Dr. Murray Gray.
The centre will invest $15 million over the next five years, will recruit more than 50 faculty, graduate students, and researchers, and will “apply the emerging tools of nanotechnology” to the oilsands. I guess that’s appropriate considering the National Institute for Nanotechnology is also located here at the U of A.
One of the main research goals of the centre is to reduce the amount of water used in the oilsands projects.