Wednesday, February 18, 2009

Obama touts technology as solution to oilsands footprint

U.S. President Barack Obama stopped short of calling the Alberta oilsands dirty in an exclusive interview with CBC News but acknowledged that the industry leaves its impact on the environment.

"What we know is that oilsands creates a big carbon footprint," said Obama on Tuesday.

"So the dilemma that Canada faces, the United States faces, and China and the entire world faces, is how do we obtain the energy that we need to grow our economies in a way that is not rapidly accelerating climate change."

When asked if the future of oil produced from the oilsands hinged on a cap and trade policy, Obama suggested that technology would be the ultimate solution to creating clean energy.

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