Deborah Jaremko: A Matter of Fact: European Parliament is wrong to endorse ‘fossil fuel non-proliferation treaty’

Deborah Jaremko: A Matter of Fact: European Parliament is wrong to endorse ‘fossil fuel non-proliferation treaty’

The European Parliament is endorsing a dangerous and misguided “fossil fuel non-proliferation treaty” that would cause harm to people around the world.  

The political forum is recommending that European Union member states phase out fossil fuels as soon as possible and stop all new investments in fossil fuel extraction.  

The implication of the “treaty” is that ongoing use of oil and gas is an imminent threat to human society as bad as the atomic bomb.  

That is wrong.  

Brian Crossman: The Future (Hint: it’s Saskatchewan)

Brian Crossman: The Future (Hint: it’s Saskatchewan)

The future is a pretty big place. Huge. Ginormous. (Is that a word?) So where does the energy industry fit in? How are we to adapt to a future that seems to be without a standard of living that we are used to? A future they tell us is supposedly without fossil fuels, coal, natural gas, gasoline, diesel and kerosene. (Those passenger planes love that kerosene to stay in the air) When I stop in at the local coffee shop (The Beefeater in Estevan to be precise) to solve all the world’s problems, these are topics that remain front and center. For obvious reasons, the energy industry is always in the mix, along with tax dollars (Mismanagement of said dollars) poor political decisions, coal vs nuclear, how the Estevan Bruins are doing, and that three-legged cat Mike seen on Third Street last week. There are plenty of issues to discuss and problems to solve. (“Who is going to stop Putin?” is popular, too.)

David Yager: Alberta petroleum, politics and prosperity – an historical perspective

David Yager: Alberta petroleum, politics and prosperity – an historical perspective

The political success of Alberta premiers dating back 50 years has been closely linked to the oil and gas business and federal/provincial relations.  

Premiers fortunate enough to be in office when the oilpatch and economy were booming were popular and won multiple elections. Challenging the federal government when its policies negatively affect Alberta has been a reliable vote-getter, especially when it involves resources. 

Those who were in office when Alberta’s main industry was struggling, or were seen as cooperating with Ottawa when its policies negatively affected oil and gas, have not been treated as kindly. 

Jim Warren: If capital is short for oil and gas investment, maybe its time to revisit a provincial sovereign wealth fund

Jim Warren: If capital is short for oil and gas investment, maybe its time to revisit a provincial sovereign wealth fund

We are currently looking forward to a $500 good-times resource dividend. This suggests our provincial government is capable of generating a significant pool of money that could be invested in fossil fuel development and potentially make us even more money. There is nothing new about the idea. The heritage fund schemes developed in the 1970s were intended to support economic development and diversification initiatives as well as serve as rainy day funds.

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