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Canada's Energy Superpower Status Threatened As World Shifts Off Fossil Fuel (www.cbc.ca)

Robson Fletcher, reporting for CBC News: Canada's status as an "energy superpower" is under threat because the global dominance of fossil fuels could wane faster than previously believed, according to a draft report from a federal government think-tank obtained by CBC News. "It is increasingly plausible to foresee a future in which cheap renewable electricity becomes the world's primary power source and fossil fuels are relegated to a minority status," reads the conclusion of the 32-page document, produced by Policy Horizons Canada. "It's absolutely not pie in the sky," said Michal Moore from the University of Calgary's School of Public Policy. "These folks are being realistic -- they may not be popular, but they're being realistic." Marty Reed, CEO of Evok Innovations -- a Vancouver-based cleantech fund created through a $100-million partnership with Cenovus and Suncor -- had a similar take after reading the draft report.

4 of 327 comments (clear)

  1. Doesn't really matter. by johnnys · · Score: 4, Informative

    In the grand scheme of things, it doesn't really matter. The world will always need hydrocarbons, so they will always be valuable. They are needed for plastics, chemicals and all kinds of useful things besides fuel.

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    Sometimes the "writing on the wall" is blood spatter...
  2. Hydroelectric? by fluffernutter · · Score: 4, Informative

    We have more hydroelectricty than we can use... Does this not qualify as renewable energy?

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    Laws are rules for the court, but merely a bottom bar to hit for life. Think beyond laws in your actions always.
  3. Re:Canada gets screwed by the AGW scam by ArmoredDragon · · Score: 5, Informative

    ^

    Even though I staunchly support freedom of speech, part of the first amendment in the US also means you have freedom of association. That means that a private organization can squelch whatever speech they want so long as it's within their own domain. Censorship is only when somebody who is within a public domain or are outside of a domain that you control is curtailing your speech while you are in said domain.

    Because slashdot is neither a public domain, nor a domain that you control, then nothing anybody can do to you can be considered censorship.

  4. Nice editing by Comboman · · Score: 5, Informative

    a Vancouver-based cleantech fund

    Another 'company' with everything to benefit from x going away by declaring 'X is dead' 'fossil fuels are on the way out' Sick of this "x is dead' shit.

    Nice bit of editing there. The full quote is:

    a Vancouver-based cleantech fund created through a $100-million partnership with Cenovus and Suncor

    In case you don't know, Cenovus and Suncor are major producers of dirty Canadian tar-sand oil. So a more accurate assessment would be:

    Another company with everything to lose by declaring fossil fuels are on the way out is hedging its bets.

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    Support Right To Repair Legislation.