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BLUE hydrogen and ammonia from hydrocarbons are viable with $30-$60 per ton carbon tax.
We can safely and sustainably exploit our natural gas, oil and bitumen resources at huge profits compared to many green energy solutions exempted from carbon and life cycle pollution. There is no need for a price on carbon and life cycle pollution higher than $30 to $50 per ton with no exemptions for any forms of energy, let alone a $170 per ton price on CO2 with 80-90% industry and 100% green energy exemptions. We need a 'fair' price on all energy pollution.
The naked truth few seem to be willing to tell is that the real costs to increase renewable energy production by any measure in Canada is many times the cost of producing cleaner energy from existing gas, oil and bitumen reserves.
According to independently verified research there are 400% to 500% greater profits available from converting natural gas to ammonia for transport to markets in North America and overseas than is possible with LNG using the same natural gas and there are even higher profits for jurisdictions that have no gas to import it and export ammonia. The life cycle and carbon emissions of ammonia verses LNG are much lower even when the CO2 is emitted where the NH3 is produced because the carbon in the gas is not transported to be emitted by the end user. The CO2 from the production of ammonia from natural gas can be totally eliminated for $30 to $60 per ton maintaining 80% of the increased profits while producing the greenest and cleanest energy possible from either hydrocarbons, and clean ammonia made from electricity generated from renewable energy at as low as $0.02/kWh.
It can be clearly proven that in many cases that doing nothing at all gets similar results to those 'chosen' to be superior with incentives and special treatment by this policy, because the total pollution from the 'chosen' technologies is a great as or greater than existing forms of energy production and use. More importantly, the life cycle pollution from most so-called green energy technologies 'chosen' for minimum mandated use, subsidies and carbon and life cycle pollution emission exemptions are many times greater and more costly than dozens, if not hundreds, of alternatives prevented from market entry by these same policies.
The one technology we now know will be a huge part of our energy mix going forward is ammonia energy and Canada is positioned to lead the world notwithstanding the head start other countries appear to be have already.