Publication

This report explores both the energy security and climate change implications of expanded oil sands production. It assesses current and future trends in the Canadian oil sands, including the scale and cost of production and in the oil sands' impact on world oil markets. The report concludes that the oil sands are neither critical to US energy security nor catastrophic for climate change. It also argues, though, that their security benefits and climate costs cannot be ignored. The recommended measures do not fully satisfy narrow energy security or climate change concerns, but instead seek to balance them.