Today was a good day for American leadership, showing that the big polluter agenda doesn't stand up.
Cross-Posted from DeSmogBlogPhoto Credit: Wikimedia Commons...
Photo Credit: Wikimedia CommonsCross-Posted from ...
Even with all the shouting between sides, we're still not discussing the real issue: The US has no comprehensive energy policy, and we stumble, under the terrible lack of leadership in Washington, from crisis to crisis with little effort to reduce our overall demand for heavy hydrocarbons such as crude and coal.
It's become a cliché to say that out of crisis comes opportunity. But there's no denying that when faced with crises, we have choices. The opportunity depends on what we decide to do. What choices will we make when confronted with the fact that 2014 will likely be the hottest year on record? Will politicians close their eyes while fossil fuel industry executives shovel money at them and enlist propagandists to spread misinformation and lies?
It's bad enough that David Black is allowing his newspaper chain to print misinformation. Newspaper people are usually pretty big on getting their facts right. But it is worse that Black is letting this happen at the same time he is seeking environmental credibility to bolster his refinery plans. The disconnect makes people wonder whether they can trust his "green" claims about Kitimat if his newspapers are preaching climate denial.
Alberta has the best solar and wind potential in all of Canada more than enough to power the entire province yet utilizes less than 1per cent of it. Alberta also has a highly skilled, trained workforce. Alberta has the welders, it has the electricians, it has the engineers, the machinists, it has all the people power it needs to make the solar powered leap.
If beaten-up Canadian investors are looking to assign blame for the bruising suffered by their portfolios of late, they could do worse than point an accusatory finger at China. The resource super-cycle that drove valuations so much higher over the last decade is now hobbling along at a snail's pace and China is a big part of the reason why.
A recent plunge in oil prices as been driving a steady stream of commentary from leading economic voices across the spectrum in Canada calling for everything from outright panic to 'stay the course'. With oil hovering just north of $80 per barrel, many are starting to question the future of pipelines, tar sands and other resource intensive extractive projects.
The Toronto Stock Exchange is plummeting in lock step with the fall in oil prices. The loonie is heading in the same direction, hopefully putting to bed any debate as to whether Canada has a petro-currency. Provinces that rely on oil royalties and revenues will likely have difficulty balancing their budgets.
The Alberta government is so fixated on extracting the destructive tar sands that it's missing out on Alberta's real potential. Rather that causing rising greenhouse gas emissions, countless treaty rights violations, incredible disturbances to land, air and water, the government could be a leader in clean energy solutions.
Cross-Posted from DeSmogBlogChevron made waves in the business world when it announced its October 6 sale of 30-percent of its holdings in the Alberta...
Fossil fuels, the writing is on the wall. Some countries are already powered by 100 per cent renewables, others are on their way. Our cars and transport are starting to be electrified and solar panels, wind turbines, and geothermal are going up in communities around the world (Bangladesh is installing nearly two new rooftop PV systems every minute).
No rational reason exists for doing this to our planet -- unless you count greed. Sadly, some people do. But even if you are willing to destroy 50,000 square miles of boreal forest just to make a profit, there's no way to justify destroying our future in the process.
Working in Alberta, the belly of the tar sands beast, the odds are often overwhelming but, over the past few months, something has changed. The resistance to the tar sands has not only grown in leaps and bounds, it is changing the dynamics of the entire fight.
Does today's disconnect between global oil markets and the chaos that's gripping the region signal an end to the era of triple digit oil prices? If so, what are the consequences for North America's oil industry?