Just how strong a hand are the Oil Sands for the Provincial and Federal Government to play with the new Obama Administration? Not very, according to Robert Silver.
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- daveberta
- Dave Cournoyer began blogging in 2005 while studying Political Science at the University of Alberta in Edmonton. In 2006, he was elected Vice-President (External) his Students’ Union and served as Chair of the Council of Alberta University Students until 2007. Since then, he has worked as Communication Coordinator for Alberta’s official opposition party and for various advocacy and public policy groups. As well as writing on this blog, Dave also occasionally writes for publications such as SEE Magazine.
His point about the Prime Minister not being able to negotiate with the oil is true.
ReplyDeleteThat said, the US (absent a major depression) is going to need more oil, not less. Coal will not make up the difference, and for the time being, it's worse than oil sands in terms of carbon output. Meanwhile, oil supplies virtually everywhere but Alberta are declining, and the global demand for oil is skyrocketing with the emergence of the Chinese and Indian markets.
It's not a card game. It's a foregone conclusion.
I cannot see why Canada would stake any of its future on a non-renewable resource that is an environmental catastrophe waiting to happen... (or in fact, happening already). It's a black mark against this country's reputation.
ReplyDeleteLaurence, what's your timeline for "future"? Do you mean 5, 10, 25 50, 100 years?
ReplyDeleteNWT has staked much of its future on a non-renewable resource called diamonds. Is this smart?
Hans Franz,
ReplyDeleteThere is an enormous difference between diamonds and oil. One resource imperils the climate of the world, and moreover, the Alberta oil sands are the dirtiest form of oil on the planet. For that reason, Alberta risks finding its closest trading partner, America, increasingly unwilling to buy its exports. For these and many more reasons, oil has no long term future in Canada's economy. Absolutely take the money its generating now... for sure. But invest that as much as possible in finding alternate source and developing the clean energy infrastructure this country needs.