Seminars & webinars
21 May, 2015

Should We Ban Unconventional Oil Extraction to Reduce Global Warming?


Where: Milan
Location:

Fondazione Eni Enrico Mattei
Corso Magenta 63
20123 Milan

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Video-conference
at FEEM Venice

How to reach: Google map
Event's Timetable:


h. 12.00 Seminar

Information:

Seminars Office, seminars@feem.it

Speaker:

Samuel Carrara, Fondazione Eni Enrico Mattei

Abstract

The extraction and processing of unconventional oil is more energy intensive and has larger negative environmental impacts than the extraction of conventional oil. The European Union (EU) estimates that oil sands lead to 22% more emissions than conventional oil. The EU is very concerned by the potential climate and environmental impacts and has considered introducing a tax on imported unconventional oil in order to discourage its production. This study shows that a global ban on the use of unconventional oil substantially reduces global carbon dioxide emissions, but the policy is not efficient. A unilateral ban of the EU on unconventional oil has no climate benefits and it is expensive for Europe.

This presentation is based on a paper published as FEEM Nota di Lavoro 105.2014 co-authored by Samuel Carrara and Emanuele Massetti.


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This seminar has been jointly organized by FEEM and IEFE, Bocconi University.

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Should We Ban Unconventional Oil Extraction to Reduce Global Warming?

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