Oil Sands & The Environment
Category:
General oil sands topics
posted by
Rick
Thursday, July 31, 2008 2:00 PM
Hi. Rick George here. I’m president and CEO of Suncor. I must admit, I don’t usually surf discussion forums, but I supported the creation of this web site, because I believe the oil sands industry has to do a better job of listening to its critics; and we need to do a better job of letting you all know what we’re doing to improve our performance. I’m a big believer that environmental stewardship and responding to the needs of our communities is just as important to the economic well being of our society as upgraders, pipelines or refineries.
Which is why I write today.
Most of the discussion that has occurred about the oil sands to date (on this website and elsewhere) results in people ‘taking sides’. You’re either for oil sands development – because our economy relies heavily on crude oil production. Or you’re against it – because of the environmental impacts that result.
I know it sounds funny coming from an oil sands CEO, but I’m not a supporter of either side. That’s because I believe we can do both....produce the crude oil our economy needs (and consumers demand)while also taking action to reduce our environmental footprint.
I know most of the industry’s focus has, especially in the early years, been primarily focused on figuring out the best way to reliably produce crude oil from sand. (It’s a tricky business that has historically thrown many curve balls!) But that’s no longer the case. Although we continue to research to make our industry better, our industry is maturing. The demands for environmental excellence have increased (from both external stakeholders, our employees AND our shareholders), and we’re fully committed to delivering on both fronts: oil that's produced in a responsible way.
We need a 'glass half full' attitude here. Industry has the technical and commercial expertise — and most importantly, access to capital — to drive the costly research and implementation required to achieve environmental solutions to our crude oil challenges.
If you don’t believe an oil sands company CEO can make environmental spending a priority, believe this: going green simply makes good business sense. Every time our industry reduces water use or air emissions, or limits the amount of land we disturb, we save money. Moreover, many of the technologies we develop, such as mobile mining or ethanol production, create new business opportunities for us.
Enough said. (My daughter tells me that "blogs aren’t essays", so I’ll close this up.) But I will monitor the site, and hope to weigh in on the discussions from time to time.
Thanks for listening and have a safe summer.
Rick
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