Natural Resources

Gas shortages raise questions

An entire province facing gas shortages for as much as a week is yet another reminder that when things are left to the markets, we have no control over how fuel and other commodities are supplied to us. And when there are shortages of commodities we depend on, we can suddenly be very vulnerable.

New study shows potential impact of tackling climate change

A new study, from economists at University College London shows the impact dealing with climate change could have on Canada and other countries.

Like other researchers, the authors of the study argue that curbing climate change means roughly two-thirds of fossil fuels need to stay in the ground. This finding is similar to the findings of other research on what needs to be done to keep the average global temperature rise from greenhouse gas emissions below two degrees Celsius.

Federal inaction on green economy has consequences

A recent article from Blue Green Canada warned that the failure of the federal government to encourage a transition to a green economy will have consequences. One estimate suggested that low carbon goods and services could mean 400,000 jobs. It has also been suggested that when the increasing impact of climate change forces governments to take drastic action there will be much less demand for Canadian oil.

Report calls on Alberta government to avoid another bitumen bubble

A recent report from the Parkland Institute calls on the Alberta government to take steps to prevent another bitumen bubble from occurring.

The report points out that during the 2005-2008 boom, most Albertans were worse-off. People were working longer without seeing a significant improvement in income, public services were struggling to cope and homelessness increased.

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