Trump to sign new ‘buy American, hire American’ executive order
- Thread starter B00Mer
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No it's not.. Canada needs to be 125% fulling self-sufficient. Energy East, wind mills, solar everything.
I still don't know why Saint John, NB have not installed Tidal power or tidal energy on the Saint John River, famous for the reversing falls.
Also I would love the Canadian Gov't give a tax credit to add solar shingles to your home.. save energy..
https://www.bloomberg.com/news/arti...olar-shingles-will-cost-less-than-a-dumb-roof
Could you imagine every house in Canada with a solar roof? Particularly if you live in Ontario?
Selling energy back to the grid..
Why would you pipe tar sands oil all the way to the east coast? Use the money to build a refinery in Alberia then move the finished product. Most of the oil is being exported which doesn't help our oil self sufficiency at all.
True, because Canada copied the USA. Canadians have a tendency to copy failed American ideas.
Because you are placing Saudi Oil which Irving Oil imports.. and they already have a billion dollar refinery built.
Well considering the fact that business's are in the business of making profit , it would be kind of foolish to expect them not to . And if they didn't make profit where would our tax base come from ?Actually, they were sent overseas because of unbridled capitalist greed and malevolence by the psychopaths who are the captains of industry. They don't care about people, just profits. And they are your heroes.
You can build a refinery in Alberta . You just need to find the land , get through all the regulatory hurdles and sign up your native friends and voila in 6 to 10 years you may get to start construction . Have at her .
Nah way easier to complain and tank the oil to the east coast with Saudi oil . No way we can use that dirty tar sands crap eh .
Who cares ? It will not be your money , aren't you going to use yours to build that refinery in Edmonchuck ?
IT's just that Montreal is IN Quebec. It's sort of like saying British Columbia AND Vancouver blocked something.
oil is so last century...
Dieter Helm advises the world’s energy leaders. So, when he says ‘big oil’ has had its day it is worth listening, reports Jillian Ambrose
“I usually put a £5 bet on the oil price — and I’m collecting,” smiles Professor Dieter Helm. It’s not difficult to imagine his tally of modest wagers adding up. The highly regarded Oxford University economics professor is a long-time industry observer. Today, he is in central London after taking meetings with major oil executives. He is also a familiar face in Whitehall and Brussels, where he advises, both formally and informally, on the trends reshaping the global energy markets.
Still, his stakes will be trillions of dollars lower than the energy leaders he advises.
If Helm is to be believed the oil market downturn is only getting started. The latest collapse is the harbinger of a global energy revolution which could spell the end-game for fossil fuels. These theories were laughable less than a decade ago when oil prices grazed highs of more than $140 a barrel. But the burn out of the oil industry is approaching quicker than was first thought, and the most senior leaders within the industry are beginning to take note.
In the past, the International Energy Agency (IEA) has faced down criticism that its global energy market forecasts have overestimated the role of oil and underplayed the boom in renewable energy sources. But last month the tone changed. The agency warned oil and gas companies that failing to adapt to the climate policy shift away from fossil fuels and towards cleaner energy would leave a total of $1 trillion in oil assets and $300bn in natural gas assets stranded.
For oil companies who heed Helm’s advice, the route ahead is a ruthless harvest-and-exit strategy. This would mean an aggressive slashing of capital expenditure, pumping of remaining oil reserves while keeping costs to the floor and paying out very high dividends.
“They’d never do it because no company board would contemplate running a smaller company tomorrow than today. It’s not in the zeitgeist of the corporate world we’re in, but that’s what they should do,” Helm says.
BP and Royal Dutch Shell are slowly shifting from oil to gas and making even more tentative steps in the direction of low-carbon energy. But Helm is not entirely convinced that oil companies have grasped the speed with which the industry is undergoing irrevocable change.
Down forever, no last hoorah: Why the market for fossil fuels is all burnt out | Financial Post
Neither province or city can block anything... This is a matter for the Fed gvt and BC/Que can bleat and moan all they like ~ it won't make any difference
Talking like a valley girl is sooo '80's
Who the fukk is Dieter Helm?
From the article:
The agency warned oil and gas companies that failing to adapt to the climate policy shift away from fossil fuels and towards cleaner energy would leave a total of $1 trillion in oil assets and $300bn in natural gas assets stranded.So, what drove oil prices to the heady levels of $140 a barrel just less than 10 years ago?
Dieter is referring to gvt policy as the driver... Clearly he didn't get the memo about gvts changing their mind(s)
“China,” says Helm, barely missing a beat. “If you look at both the rapid growth in emissions and the rapid growth of oil, fossil fuel and all commodity prices, it was while China was doubling its economy every seven years. This is a phenomenal rate.
Buddy is not only forgetting a small little nation like India, but also discounts any reality that there are middle classes developing in both nations... All those people will want all the things that Westerners take for granted, much of which is built on, or fueled by fossil fuels.
Yes I noticed the lack of traffic on our roads lately . All those cars sitting in driveways , I mean I was the only one on the road .
Dieter Robin Helm CBE (born 11 November 1956) is a British economist, Professor of Energy Policy at the University of Oxford, and Fellow in Economics at New College, Oxford
https://en.wikipedia.org/wiki/Dieter_Helm'
https://en.wikipedia.org/wiki/Dieter_Helm'
hmmm, I didn't hear you say a thing....
btw, weirdly Dieter (british) has better teeth then Levon (american)...what's up with that?