May 21, 2013
Kenneth P. Green

Quebec's Pursuit of the Green Dream Will Lead to Ruin

Fraser Institute Senior Director, Energy and Natural Resource Studies

Quebec's political leaders seem to have fallen for the Great Green Dream of economic prosperity without energy or natural resource production. It's a magical vision of a world powered by unicorns and rainbows, where consumer goods are somehow conjured out of thin air rather than being manufactured with resources extracted from the ground. But experience in Europe shows that chasing the green dream is a path to financial ruin, not utopia. Quebec's one-two punch to energy and natural resource production is most likely to hurt the province itself more than the industries who might invest there.

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