If the Alpha bitumen project uses the "dry retorting" process as...

If the Alpha bitumen project uses the "dry retorting" process as originally announced it will be necessary to have a significant source of carbon offset, and the proposed GRV geothermal project would provide same.
If however the low temperature "wet process" is used the requirement for carbon offset will be greatly reduced and carbon credits can be purchased in the market, in the unlikely event that GRV geothermal does not proceed.
We will have a good idea very soon re the wet process suitability when samples from the current Parr Reactor testing have been analysed in the Lab. The GRV technical people I spoke with at RRS on Tuesday were very confident !!
The geothermal project can proceed independent of Alpha.