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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.
I predict these views will be censored and modded to -1. For a community that supposedly favors the free and open exchange of ideas, Slashdot isn't very tolerant of opposing views. Voicing my opinion that AGW is a scam will result in my post being censored to -1. If AGW were real, there would be no need to censor dissenting views; the facts would prove the point far better than any moderation. The censorship is necessary because the facts aren't on the side of the AGW evangelists.
We also have massive amounts of uranium, just in case the whole renewable energy thing doesn't work out so well.
Log in or piss off.
I've lived in Alberta for close to 20 years now and the PC government's failure to attempt (to my knowledge) to diversify the economy has reared its head again in the latest bust cycle in the oil and gas industry. Perhaps something like this report, coupled with the low commodity prices will finally wake up the provincial government that its time to actively support other industries here. BC gives tax credits to TV and film production companies and they had a banner year in 2015. I believe Quebec gives tax breaks to game companies and Ubisoft, for example, has a huge number of employees in Montreal.
I work at a software dev company who has no oil and gas ties or customers, and surprise surprise, we are doing well during the downturn here. There is no guarantee of course but if the governments had spent some time, effort and petro dollars into trying to build and attract new industries here it probably wouldn't be quite as bad now as it is.
The future is and has always been a goddamn threat. People hate change. Which is ironic because change is one thing people cannot control.
Here's the real deal about the future of fossil fuels, and cars in particular. It's sobering. Sit down.
Electric cars make sense for a lot of people, and as a second car for a lot of other people. So they -and hybrids like the Bolt and Prius- will continue to spread. As we transition to electric cars, we are also transitioning to automated driving. This is going to be the huge hit, the asteroid that kills dinosaurs.
Automated cars will be more fuel (battery or fossil fuels, it won't matter) efficient by taking the most direct route from place to place and coordinating with other cars to avoid the need for sitting at traffic lights. This means they will bypass all those places people used to stop on the way. Food outlets, gas stations stores, all sorts of impulse stores are screwed. People won't bother to direct the automated driver to stop. Hell they might even drive by asleep! A LOT of roadside businesses will whither and die.
At the same time automated driving spreads, a lot of fast food places will be installing robotic workers. Between restaurants going out of business and robots replacing people, there is going to be MASSIVE unemployment at the bottom of the workforce.
Automated cars won't crash nearly as much, so body shops and towing services will go out of business too. Electric cars also break down a lot less and when they do, they'll need specialized support, so independant mechanics will also go out of business, or at least have a lot less work.
With accidents down, the auto insurance business will take a huge hit as people no longer have accidents and consequently need less insurance and pay less premiums. A lot of insurance agents will go unemployed.
With fewer crashes, highway deaths and injuries will have a huge decline, putting hospitals at risk if they rely upon auto trauma to fund their operations.
Cities and towns accustomed to writing a lot of traffic tickets will find automated cars won't break nearly as many traffic laws, so revenue will plummet. Many of these places count on speeding ticket revenue and DUI fine revenue to fund the town operations. They're facing a calamity as the money dries up. Tax increases are inevitable.
So the decline of oil is just one change coming. The changes to society from automated driving and the coming ridiculous unemployment will make the decline of oil look like nothing.
Sig for hire.